Dare we say the word Christmas - but our friends at Rightmove have reminded us the traditional Christmas deadline is only 18 weeks away! - The average time from agreeing a sale to moving is 13 weeks, and for new-to-the-market sellers, finding a buyer adds on an average of 8 more weeks, so they will need to find a buyer quicker than the average if they want to move before Christmas.
With this in mind, Rightmove have reported on the latest House Price index report confirming the average asking price of a newly marketed property has shown a seasonal drop of 2.3% (-£7,218) this month, as new sellers launch a 'late summer sale' to try and find a buyer more quickly.
The number of sales agreed are holding steady with the Autumn expecting to bring further buyer activity, especially if buyers are tempted by sellers cheaper pricing.
To see a full copy of the Rightmove House Price Index Report Click Here