How much is Brexit affecting house sales?

[noitsachicken]

We have been on the market now for about 8 weeks, nice house, popular location, we think priced reasonably compared to others in the area.
Lots of initial viewings, positive feedback, one unproceedable offer, but now nothing!
Are sellers just waiting to see what happens? Should we just ride it out?

It's ridiculous
It's a buyers market because people like yourselves are having to drop the price just to get rid

Not a buyers market at all, anything that is realistically and sensibly priced is selling in record quick time.

It's the overpriced dross with greedy deluded vendors that is struggling to sell.

Depends where. South West London has less demand, but properly priced things are selling. Prices are a bit down though from the recent peak.

Not around here it isnt!

Agree with a PP.. sensibly priced property is selling quickly. Our maisonette went under offer to the first people who saw it.

It was priced realistically. On my road 3 other similar maisonettes have languished on the market and then had to drop price as they were priced as if it was still silly season (2016).

I personally feel it's because prices have become so unaffordable that the market is suffering. The brexit nonsense is just another thing to consider.
Well priced properties are still selling here. Those that are vastly over priced, needing work etc aren't selling.
It's a buyers market.

We are in the South West.
I agree that houses are overpriced, but until others come down we can’t afford to drop our price.
We are a 3 bed on at 325k, other similar 3beds in the area vary between 315-375 ish, but there aren’t that many in our area.

A lot of people are holding off purchases, waiting to see what happens to the market and economy before moving. Very few houses coming onto the market for the same reason.
I think uncertainty is the main thing slowing the market. I expect a bounce regardless of the outcome once a decision is made.all those people putting off moving will have to move sometime.

Nothing to do with Brexit, more to do with affordability, house prices are at an all time high and first time buyers can not afford to buy a basic starter home which then effects the top as no one upsizes/downsizes, prices around here have gone up 50% in the past 4/5 years which is just crazy and is a massive bubble. Can't blame anyone for not wanting to buy at the moment especially first time buyers risking getting into negative equity.

I work in property. In my area (south coast) house prices are dropping. Prices are dropping quicker in commuter villages. Business is surprisingly busy but only for those realistic on price. More transactions are falling through, mortgages are harder to get.

I sold in less than a week, but am now in rented trying to find somewhere to buy.

There's very little coming on. Well-priced houses go quickly, the others hang around for months.

I'm hopeful that things will pick up after Easter, but I'm also looking somewhere with limited stock, especially in my price range, so I will have to compromise somewhere.

We just sold in 6 weeks (west midlands). We priced fairly and then accepted an offer 3% less than asking on the basis that we were able to secure a 3% discount on the house we were buying.