This is without the doubt the most popular question we get asked on a daily basis.
If your selling in Ipswich, there maybe a few reasons why it’s taking sometime to sell your home. It maybe taking longer than you thought to find a buyer because of a tougher market or taking longer to find the perfect Ipswich property because there are less properties available.
With taking all of these factors into consideration then, how long is the average Ipswich property selling time.
If you are looking to sell your Ipswich property, it may have become infuriating when your home has been on the market for longer than you anticipated. Perhaps the property market is purely in a position where it’s challenging to get a property sold quickly, or sold at the price you want to achieve for it. If you do live in an Ipswich home that is towards the upper reaches of the price band, you have to be open to the idea that because it’s worth so much more than the average property in Ipswich and so more than most individuals can afford, you will have to wait longer to get it sold.
Quite simply put though, your Ipswich home might be taking longer to sell because your asking price is too high. Even if you’re prepared to take a realistic offer, if you have an unrealistic asking price your overpriced Ipswich property will then be unquestionably turning off potential buyers from even booking a viewing on your Ipswich home.
Now looking at the market compared to year ago makes for an interesting comparison;
|House Type||October 2018||October 2019||Percentage Change|
|Detached||101 Days||132 Days||+31%|
|Semi||84 Days||94 Days||+12%|
|Terraced||75 Days||101 Days||+35%|
|Flat||190 Days||211 Days||+11%|
|All||118 Days||140 Days||+19%|
Across the board there is an increase in the length of time properties are taking to sell, perhaps reflecting current market uncertainty? It does seem however that the ever popular Ipswich semi detached properties are holding their own with terraced properties actually taking significantly longer to shift. This we suspect is down to the increase of choice with many Ipswich families wanting to upsize to a semi as we have alluded to in previous articles.
So the average time to sell a house in Ipswich is 140 days. Here at Beagle property our average is just 56 days in comparison. If you’re property is taking longer than these averages to sell then you really should be asking questions.
Buyers will compare Ipswich properties on all the web portals, Rightmove, Zoopla, OnTheMarket etc., they will compare asking prices and see if yours is realistic, they will see how well your property is presented in comparison and if yours isn’t pitch perfect this will speak volumes with the results.
Another key piece of information to remember is that a buyer only views 4.5 properties before they buy and on average only spend 25 minutes on a viewing. The more choice there is, the more yours need to stand out.
When it comes to buying and selling it’s an expensive process and rarely taken lightly. Make sure your home reflects that you’re a committed seller and attracts the right buyer…promptly.