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Wednesday, 2 May 2007

Quick House Sales - What is The Average Time Taken to Sell a House?

According to a new survey by the National Association of Estate Agents (NAEA), the average time taken to sell a house is 16 weeks, from instruction to completion.

This average of 16 weeks hides vast differences across the country. In London, property tends to sell far quicker, where there is a shortage of property for sale. However, a significant number of vendors are taking longer to sell their properties, with 13 per cent of sales taking between 3 and 4 months to complete.

The NAEA statistics also report that almost 9% of sales fell through in November 2006.

If you need to sell your house quickly, and want to avoid the chance of your sale falling through, call Quick Move Now.

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