Demand for family homes at an all-time high - 11/06/21
At Robert Watts, we understand that family is at the heart of our clients lives and influences many house moves. Whether you’re introducing a new member to your family, or downsizing as a result of an empty nest, family homes are our most searched-for property.
Rightmove has recently reported that family homes with more than three bedrooms are in short supply across the country.
This means it is an excellent time for homeowners who are thinking of selling their property. Now is an ideal time for homeowners to bring their property to market with family homes in limited supply.
We recently sold a three-bedroom home on Moorside Road in Bradford. The vendor didn’t want to be overwhelmed with viewings and was working towards a specific timeframe. We agreed a sale over asking price in just over a week, after 12 viewings.
Similarly, we recently sold a three-bedroom home Slipper Lane in Mirfield after receiving five offers in less than a week. And, a sale was agreed on a family home in Ashbourne Gardens, Cleckheaton after 13 viewings.
Rightmove’s, Tim Bannister, commented: “Family homes with three bedrooms or more are like gold dust in many areas of the country, especially in parts of the north. So if you are considering a move and have a sought-after home like this, I’d be seriously considering coming to market now.”
In the UK, the current average selling time for properties is 45 days, with Rightmove reporting this figure as a three-week decrease in time compared to the beginning of 2021.
With the number of potential buyers and property asking prices currently at a record high across the region, sellers are in a great position to achieve both a good price on their homes and a quick sale.
As the UK continues to open up, the number of people bringing their homes to market will increase, and so there is a limited window for homeowners to take advantage of the current market conditions.
Ready to sell your property? Click here to contact the Robert Watts team.