Quicker Home Sales: London Property
According to the property portal Zoopla, pent up demand due to Coronavirus has meant that prime London properties are selling in a shorter amount of time.
Their findings show that in the 3 months between mid-May and mid-August, a 3 bed home typically sold in circa 24 days.
In mid-May 2019 to mid-August 2019, it typically took 36 days for a 3 bed home to sell.
The report also shows, unsurprisingly, that one bed flats are on the market for the longest period of time and are also the least desirable due to the effects of Coronavirus on buyer preferences…
“In the 3 months between mid-May and mid-August, a 3 bed home typically sold in circa 24 days.”
That being said, they are still selling in a shorter amount of time than they have done, historically speaking.
Are you currently living in a flat and would like a garden?
Are you currently living in a home near to the city centre and would now like to live in the outskirts of London?
Do you still love living in a one bed flat?
If you were to live in a flat, would you require a balcony or some form of outside space?
Have the requirements for your next home changed due to Coronavirus?
If so, what has changed?