Best and worst places to sell your home as Plymouth comes out on top

The best locations for a quick house sale have been revealed

Plymouth has been named as one of the best locations for a quick house sale. Property experts have released new figures that reveal the best and worst places to sell a property in the UK, based on how long they spend on the market.

Glasgow tops the list with properties in the city typically spending just 33 days on the market, whilst Plymouth comes in 10th place with properties in the city typically coming off the market after 65 days.

Danny Luke, the managing director at Quick Move Now, which has conducted the research, said: “This data clearly shows a property market of two halves. Nationally, typical time on market has increased year-on-year from 84 days to 93 days. Yet, in 18 of the 20 best locations to sell a property, typical time on market has fallen.

“Several areas of Scotland are performing particularly well, with Glasgow, Leith and Edinburgh all featuring in the top four places to sell a property. All three areas have also seen typical time on market fall compared to this time last year.

“London boroughs once again make up most of the worst places to sell list, with just Birkenhead outside the capital. It is worth noting, however, that 12 of the London locations on the list now have lower typical time on market than they did a year ago.

“Home data suggests there are currently nearly half a million unsold properties in England and Wales - the highest level since November 2014. This availability of stock is creating a downward pressure on pricing and longer time on market, but in the pockets where there is high demand, we are seeing both stronger pricing and quicker sales.

“In terms of the future, lower interest rates are instilling more confidence, but this market of two halves does leave things quite vulnerable to any further external forces. Pricing will be key to achieving a quick sale, especially as we move into the typically quieter autumn period.”

Best places to sell a property

Worst places to sell a property

You can view the research and find out more about Quick Move Now here

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