Potter & Co Estate Agents Norwich
Quick Property Search
To Rent
Min Beds
Min Price
Max Price
 
 
 
 
 Free Valuation

On market time triples in 18 months

Back in summer 2007, the typical property for sale spent just 50 days on estate agents’ books.

Since then the typical marketing time for a property for sale has soared to a record 154 days in January 2009.

Doug Shephard at Home warned: “Time on market indicators will continue to rise unless more sellers cut their asking prices or mortgage lenders ask for smaller deposits – preferably both.”

Home produced its figures by surveying times on market for around 700,000 properties over the last 24 months.

 


Privacy Policy | Terms of Use | © potterandco 2007 | sitemap