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Time takes to sell stats

pricedout_1
Posts: 146 Forumite


Anyone know any good sources showing a graph of the history of how long it takes to sell properties in the UK? Google didn't seem to be able to give me the answer to this so I have done what I always do when Google doesn't have the answer ... ask MSE...
0
Comments
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two weeks, according to danny0
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Home.co.uk have one, they do the figures for all that stuff.
e.g. http://www.home.co.uk/asking_price_index/HAPIndex_JAN12.pdf
e.g. http://www.home.co.uk/guides/time_on_market_report.htm?location=london&lastyear=1 which shows for London, Feb 2014-2015, change:
Detached 190 days 178 days -6%
Semi 130 days 122 days -6%
Terraced 106 days 111 days +5%
Flat 124 days 131 days +6%
All 129 days 131 days +2%0 -
11.3 weeks is the average conveyancing process (England and Wales), according to a recent article in the Law Soc Gazette.0
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pricedout_1 wrote: »Anyone know any good sources showing a graph of the history of how long it takes to sell properties in the UK? Google didn't seem to be able to give me the answer to this so I have done what I always do when Google doesn't have the answer ... ask MSE...
All the data you need is here.....
http://plc.rightmove.co.uk/~/media/Files/R/Rightmove/house-price-index/january-2015.pdf
Last available data is 79 days nationally and 65 in London on average.
The figures fluctuate greatly by season, but in the same month a year earlier it was 80 days nationally and 59 in London.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
11.3 weeks is the average conveyancing process (England and Wales), according to a recent article in the Law Soc Gazette.
That's conveyancing. Not the same as selling.0 -
Thrugelmir wrote: »That's conveyancing. Not the same as selling.
You're quite right - misinterpreted the question, thanks for highlighting it.0
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