How long are properties sitting on the market now?

[BunnyWilliams]

Our house went on the market today. We've committed the cardinal sin of seeing something and falling in love with it. I went to an open house the other weekend 'just to see' and then took DH back with me last week. He loved it even more than I did!

So, just to ease my nerves while we wait, I'd love it if you could tell me how long it was until you had an offer if you sold recently. Was the offer close to your asking price or did you have to take a significant reduction?

I've heard things are picking up but I'm apprehensive we'll sit on the market for months and will lose the house we love (which has been for sale for 6 months!). Our last 2 houses sold quickly, one in 2 days and the other in a week.

Here's our RM link if you'd like to have a nosey:https://www.rightmove.co.uk/properties/152856023

OP sorry if this is annoying but the markets are highly regionalised so other peoples’ experiences selling their homes is unlikely to be relevant to you anyway.

You need to find a buyer who wants a gorgeous characterful big house but will be happy with a small garden. To London eyes it looks crazy cheap!

Having said that….

Bear in mind its partly down to price and partly having a switched on hardworking agent. Our previous house we sold at a record price for the street because the agent worked their arses off - they managed to sell three houses in a six house chain to deliver our buyer. They rang everyone in their contact book and brought in the buyer into the chain below us who was searching in a different area. They introduced the buyer to our area, found them a fab property (our buyers) and enabled the whole deal. Whole thing took 12 weeks. That’s the kind of agent you want, they’ll deliver your sale. Good luck!

2 yrs ago we had 4 offers in 5 days for our house. This time another house had been on the market 12 months and we've reduced it by 35k, 1 offer which fell thru. Different market now, but your house is stunning, so hopefully it will get snapped up.

Thanks. I do understand it's incredibly regional but it makes me feel better to obsess over it 😂

I know our tiny garden will put some off but hoping there are buyers out there that don't want a big garden (just as we didn't when we bought it).

That agent sounds amazing!! Worth their weight in gold.

Wow, times really have changed haven't they.

My agent told me that on average it's taking 6-8 weeks for properties to sell, which still seems quick compared to 12 months (although feels like an age compared to a week or a few days!).

Your living room is gorgeous!

If I had half a mil I’d snap it up! What a beautiful beautiful house! The beams are GORGEOUS!

my parents recently sold in Cheshire, the first viewer offered full ask so they sold extremely quickly, their NDN also sold within a couple viewings but they’ve had it fall through 3 times.

Have a look on Rightmove and zoopla to see how long houses have sat unsold in your area

Your house is so lovely btw!

I last sold a house in London in 5 days but since moving North I'm expecting the house to take months or even years to sell when the time comes. It's so regional. Yours is a fabulous house with a beautiful if small garden. What would put me off is being on a main road, and that might exclude some buyers, but not all. Good luck.

It looks lovely but why does it say 1 bathroom at the top? The description and plan are accurate but many people wouldn’t bother reading that far.

I LOVE your living room. I like the papered room that ties in. However I have to say with the other rooms having very plain walls it makes it look unfinished. I feel like If people like the plainness they won't like the green. Id still buy it if I had that kind of money however I don't and I didn't realise that was a typical price for the area. The garden does stick out as much smaller but I would cope however would put a lot of people out so you'll have a narrower market

This is how I imagine a lot of mumsnetters live 😂 beautiful house OP.

We put our house on the market around the same time Liz Truss became prime minister and the interest rates went up. It took 4 months to find a buyer and a further 2 months to complete and that was in the kind of house that would usually be sold within a week.

It’s been about 2 years since then and the market is definitely moving faster than it was then!

I do also think that if you don’t find a buyer in the next month or so you probably won’t until the new year. Lots of people start looking in January.

Your house is gorgeous! Mine sold within 2 weeks of listing with an online estate agent. This is in September this year. As long as it is on Rightmove all buyers who can proceed with a sale will find your house. Where I am based houses which are presented in good overall condition with no stigmas are selling. Ones with busy roads etc are sitting on the market longer. Yours is beautiful and hopefully someone watching right now is hoping they can sell theirs so they can buy yours! Good luck with your sale 😊

I have seen stone cottages on the outskirts of N Yorks market towns sit on the market or come on, off and on again repeatedly for 16 months now.

Insurance for stone has gone crazy. I was looking at a 465k house last year and they wanted to insure a 1.1m rebuild cost in May of last year.

I think stone houses are a bit of a hard sell right now, as are large houses. That said, yours is in far better condition with tons more original features than the ones I have looked at.

However, Skipton seems to be a particularly desirable location, and I am not sure why - I don’t think I have ever been through there. Certainly, rentals vanish off the market there pdq.

What is the kWh listed on your EPC under heating and hot water, OP?

(sorry I have not sold a house, but I have been a keen observer of stone cottages in N Yorks!)

We’ve just gone on the market so wondering the same! I read on another post that it averages one offer per ten viewings. Our listing went up last week but started viewings yesterday, 4 viewed so far and one more tomorrow and I’m already exhausted from the cleaning/ tidying/ emotion of it all….expecting a fair few more before we get a second viewing or offer though.

I’d say that round us things that are similar to ours have been selling in 1-2 months, usually after one reduction. Things that have anything ‘weird’ about them like being on a main road or downstairs bathroom seem to stick around much longer.

But we’ve been looking for 18 months (bigger rural houses more like yours) and they really, really vary, some are still on that were on when we started looking! Others have come on and sold in a few weeks.

It's a beautiful house but the green is horrible and the scale of decorating job in an otherwise "ready to go" house is really off-putting for me.

If you're like my neighbour and your house is overpriced by a good 100k or so, then based on progress so far, I'd say over a year... Shame as I'd be glad to see him go. 😁
But then greed is one of his qualities.

Ha we love it, but thank you.

It does look very green on the photos, I have to admit. It's much more muted in real life.

Interesting. I haven't found that our insurance or quotes for rebuild have been extortionate.

I know our house won't be for everyone, especially as a lot are looking to downsize at the moment (or if they do want a bigger house, they may also want a bigger garden).

Skipton is a beautiful town! Our village is particularly sought after because it's very 'chocolate boxy' - pretty much all the houses are beautiful cottages and the local school is very good.

It is a beautiful house! I can't judge whether the price is attractive or not, but I am certain lots of people will be interested.

If we were staying, they definitely wouldn't stay that way! I had grand plans for all the rooms but DH has decided that now's the time to make the move, so hey ho, I'll save my plans for somewhere new!

I'm hopeful that most people will like the plain walls (boring IMO), and perhaps like another poster will think our living room is horrendous. At least that's only one room to paint if that's the case though!

Our sold board went up today after 7 weeks on the market and we are a cheap 1st time buyer/buy to let house. The house we are moving into is the next rung up the property ladder and had been on the market for nearly a year when we offered on it.

Your house is lovely but I think only suitable for a smallish group of people who would like a nice countryside house but with no real garden. But they may come along tomorrow or in 6 months you just never know. Only sure fire way to sell quickly is price accordingly.

Hmm I agree I think the green is an issue. I love strong colours but if as you say it’s a different shade in RL then get the photos retaken- it’s pretty oppressive looking. Just the wrong shade (in these photos!) - proper retail Homebase green!! Also, as above - with the rest of the place quite neutral, it doesn’t quite work - the kind of buyers who like the muted rest of the house might be put off by it. It shouldn’t matter, but it does, you want them especially to love the sitting room.

I’m in the north west, and ours has sat for eight weeks. We’ve reduced the price, but it’s still incredibly quiet on the viewings front. Decided to try a different agent 🤞🏻

Agreed that it's ultimately all about price. We went on for 10k under the top valuation and know we may have to reduce in time.

Great news that yours has now sold. Onto the next hurdle!