1 in 5 deals are snapped up

Posted on Wednesday, March 23, 2022

  • Newly-marketed properties are being snapped up fast, with Rightmove reporting that 22% of deals are agreed within the first week of being listed.
  • This is more than double what was seen at the same time in 2019 and reflects the continued large disparity between supply and demand in the market.
  • Over 60% of agents in the latest Dataloft subscriber poll reported that properties were selling, on average, after 4 viewings or less.
  • With momentum in the market high, close to 2 in every 5 properties (39%) are selling at over the asking price (NAEA). Source: Dataloft Inform, Rightmove, NAEA