Stockport Property News

1 in 5 deals snapped up in the first week on the market

TomS - Head Tom Simper Mar 21, 2022, 13:00 PM
264_Dataloft_New_listings_snapped_up-01

Newly-marketed properties are being snapped up fast, with Rightmove reporting that 22% of deals are agreed within the first week of being listed.

This is more than double what was seen at the same time in 2019 and reflects the continued large disparity between supply and demand in the market.

Over 60% of agents in the latest Dataloft subscriber poll reported that properties were selling, on average, after 4 viewings or less.

With momentum in the market high, close to 2 in every 5 properties (39%) are selling at over the asking price (NAEA). Source: Dataloft Inform, Rightmove, NAEA

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

Join our Newsletter

About The Blog

This Blog looks at what is happening in Stockport, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

"Helpful, cheerful and thorough throughout the whole process"

- Jay

"Very helpful and proper guidance on time"

- Shine Xavier

"I would highly recommend Gill and the team"

- Isabelle

"Excellent and very polite"

- Wellington

"I was happy it was clean and painted and well presented, felt very welcoming."

- Sarfraz Ali

"Yaseen was a truly amazing agent."

- Yasuhira Nomura

"Letting through Peter Anthony has been a great experience"

- Gus Beech

"It was super easy to schedule a viewing with Abbey"

- Pamela