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Fri 15 Apr 2022
If you want to sell your home, there is every chance you want to sell it quickly. You will want to achieve a good price, but you don’t want a property sale which drags on.
The current market is moving quickly. There is high demand for homes, and deals are concluding at a fast rate.
At ADM Residential, we are highly skilled and experienced in the Huddersfield property market. We will connect you with buyers, and represent you as best we can.
Homes are moving quickly
In February 2022, 61% of properties were sold subject to contract in the first 30 days. In February 2021, only 43% of properties were sold in this manner. This is according to OnTheMarket, a property portal in the United Kingdom.
Jason Tebb, chief executive officer of OnTheMarket, said: “This faster-paced market doesn't offer much opportunity for taking your time to come to a decision. With competition for available stock strong, buyers who aren't organised and prepared to be decisive face missing out.”
Confidence remains strong for buyers
OnTheMarket also spoke with property buyers about how they feel about buying a home. These are difficult times for people, with the cost of living increasing across the board. However, it is good to see there is still positivity amongst buyers:
· 75% of property buyers were confident of buying a home within three months
· 82% of vendors were confident of selling their house within three months
There is heightened demand for property in the housing market. This is not a new phenomenon but information provided by the latest RICS Residential Market Survey suggests more new buyers are coming to the market.
On the positive side, the most recent report also suggests there has been an increase in the number of homes listed for sale. If you are looking for assistance in the property market, and you wish to sell your Huddersfield home, we are more than happy to assist you as best we can.
Simon Rubinsohn, RICs chief economist, said: “Huge clouds of uncertainty hang over the economic prospects as energy prices continue to surge and the Bank of England grapples with how to manage monetary policy in this challenging environment. Despite all of this, there is little evidence yet that the mood music regarding the expectations for house prices or rents is shifting. It may well be that these trends ease as the deteriorating macro environment begins to bite, but the message that keeps recurring, both for sales and lettings, is there are in aggregate many more prospective purchasers and renters than properties available.”
Contact ADM Residential to sell your Huddersfield home
Anyone who is keen to sell their home in Huddersfield should contact ADM Residential today. We are more than happy to provide you with a property valuation, which is the ideal starting point for anyone looking to enter the Huddersfield housing market with confidence.
This is a busy time of year in the local and national housing market, but we look forward to assisting you. Call on your leading Huddersfield estate agents today for help and guidance in the local market.
"ADM will always go out of their way to help you, nothing ever feels like you're asking too much of them. They always reply to calls and emails, even out of office hours! It was a pleasure to be a tenant with ADM and I will miss the fantastic service that absolutely excelled anything I had previously received!"