Stockport – Average Time To Sell Your Home
Each property sale is unique, and it is essential to treat each transaction as an individual process. Each home has its charm and qualities, each vendor their circumstances and each buyer their own needs. Therefore, it is impossible to state with any certainty how the sales process will run when selling a house.
However, average figures are hugely influential in the property market. These figures offer a quick overview of a market and allow people to narrow their options. No one should expect to buy or sell a home for the average property price in a local area, but when you are drawing up a budget, this is useful information.
Plan your move as best you can
Therefore, if you want to create a rough idea of how long it will take to sell a home, using average figures is a smart option. Through a combination of Rightmove and HM Land Registry figures, it is possible to deduct an average time to sell your home. If you are selling in Stockport and want to develop a rough timescale for the process, we have information of interest.
For the SK1 postcode area, the primary postcode in Stockport, vendors should expect to sell their home in 17 weeks while in SK2, covering Stockport and Offerton, the average time taken to sell a property is listed as 15 weeks.
The SK3 postcode area has an average sales time of 16 weeks, rising to 17 weeks for the SK4 postcode, covering Reddish and Four Heatons in addition to parts of Stockport. This time-frame repeats through to SK10, so it is reasonable to assume that the average time taken to sell property in most of Stockport falls between 15 and 17 weeks.
When you take in every SK postcode area, the length of time taken to sell property ranges from 14 weeks to 19 weeks. Fourteen weeks was recorded in SK13 and SK15 while SK12 recorded 20 weeks.
Do you need to improve the time it takes to sell your home?
If you are satisfied with this time-frame, you can approach the sales process with confidence. However, there are ways you can improve the speed of a property sale, without compromising on the quality of the deal.
You should consider:
- Who is the best buyer for your needs?
- Do you have the best estate agent working on your behalf?
- Have you priced your home accurately?
If you can answer these questions positively, you enhance your chances of making a swift sale. You may not have a lot of offers to mull over, but if you do, there may be an offer that is more acceptable than others. It is natural to opt for the most significant offer, but when it comes to selling your house quickly, this may not be the best option. Focus on whether the buyer is part of a chain and if they have finance arranged for the purchase. A buyer who is free from a chain and who has finance arranged is a more appealing proposition than someone who is waiting for other deals to conclude before they can commit to the transaction.
If you intend on selling your Stockport home, it is best to call on the services of a skilled and experienced local agent. Local knowledge is essential when selling property, and we take immense pride in helping local vendors. For the best standard of guidance and support in selling your home, contact Peter Anthony, and we will be more than happy to help.