Date posted: 16/04/2024

Category: Uncategorised

Author: KM

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Spring home-moving season brings surge in new listings

Interesting article from Rightmove after they enjoyed the highest number of properties listed for sale on their website so far this year. This is what they had to say:

“The Spring home-moving season is already warming up, with a surge of new sellers coming to market the day before the four-day Easter break.

Thursday 28th March saw the highest number of new properties listed for sale on Rightmove so far this year. It was the third biggest day for new listings since August 2020, with Boxing Day in 2022 and 2023 being the only days with more homes coming to market in one day.

There were 45% more homes added to Rightmove on Thursday 28th March than the previous Thursday.

Our property expert, Tim Bannister, says: “A huge number of new sellers came to market as we all geared up for the Easter break, all hoping to capture the attention of those buyers using the long weekend to home hunt alongside their Easter egg hunts. It’s still a price sensitive market, so while the uptick in activity we’ve seen over the past few months is a positive sign, sellers still need to heed the advice from their agent on pricing competitively to help secure a successful sale.”

What’s happening in the housing market right now?
The housing market continues its recovery following a muted 2023, with asking prices up by 0.8% over the past year, currently standing at £368,118 across Great Britain.

A regional look compared to pre-covid years shows varying regional price variations, with asking prices up by 29% since March 2020 in Wales, versus an 8% uplift in London.

What does this mean if I’m thinking of selling?
If you’re thinking of selling your home, it’s worth looking at what’s happening in your local area, to get an idea of how the market is performing, and any local trends. You can also get an instant valuation, for a quick estimate of how much your home could be worth.”


Modified article taken in part from an article from:   Rightmove

If you liked this article, you may enjoy this one: Biggest monthly house price rise in 10 months


Important Information
All property sales and the financial advice that surrounds them are as unique as the people engaging in the transaction. It is important to not decide without seeking professional advice. If you want to sell your home and are considering redecorating before marketing, speak to one of our Property Professionals to get the best advice for presenting your home for sale before making any investment. This article is for the purpose of information only and should not be seen as financial advice.




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