It might feel a little early to start thinking about the festive season considering we’re still in summer.
However, if you want to be in your new house by Christmas, you’ll need to get your skates on with your home move.
With only 18 weeks until Christmas, buyers are cutting it fine if they want to be in their new home by the 25th of December.
The average time from agreeing a sale to moving in is 13 weeks, so prospective buyers should be active in the market right now and make sure they have the necessary finances in place.
If you need to sell your house, you’ve got even less time to make your Christmas move happen. According to research, it takes new-to-the-market sellers an average time of 8 weeks to find a buyer.
New sellers should note that buyers have more choice this month compared to last, with total available stock up 2.1%.
Miles Shipside, Rightmove director and housing market analyst, said: “The key measures affecting the chances of a successful sale all indicate a higher degree of difficulty, so for a seller to increase their odds and beat the average timescales they need to be more pro-active than other sellers.
“New sellers who are motivated by the 18 week Christmas deadline, therefore, need to agree a sale to a buyer much more quickly than the average eight weeks that it takes, and perhaps also compress the average 13 weeks between agreeing a sale to a buyer and moving in. That’s a nail-biting total of 21 weeks that they need to try and cut down.”
We have an exceptional team of experts to help you at every stage of your property journey. We have a financial services team to help with your mortgage, surveyors, a panel of solicitors and much more.
Most importantly, we have a fantastic team of estate agents that will help to achieve the best price for your property in a time-scale that suits you.
“Looking at our latest data, Edward Mellor vendors are agreeing a sale on average within 47 days of coming to the market” says Edward Mellor Managing Director, Peter Barlow.
“The data has also shown that they are achieving 99.11% of the asking price, putting our vendors ahead of the wider trend and in pole position to secure their next property. However, time is of the essence for those looking to move in 2018.”
If you’re ready to put your house on the market and you’d like to know how much it’s worth, book your free valuation.
Alternatively, you can use our free, online valuation tool to get a guide as to how much your house is worth.
