This morning Zoopla released their Cities House Price Index.
The reports headline figures shows that a property in the UK takes on average 12 weeks to sell (that’s from going on the market to going under offer), and that sellers are achieving 3.8% below the asking price.
In London the numbers get higher - 14.5 weeks to sell and 5.7% below the asking price.
At Martyn Gerrard our average time to sell is 11.5 weeks and we are achieving on average 2.5% below asking price.*
* Figures calculated over the third quarter of 2019