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Record-breaking day for the property market as sellers spring into action Posted On 08 April 2021

Rightmove reported the most visits ever in one day to their website last week

 

Spring has officially started with a bang for the property market! With levels not seen in a decade, April, May and June promise to be a bumper month for sales in England. In fact, Tuesday 23rd March saw the highest number of sales agreed than any other day in the past ten years.

And last week, Rightmove recorded a record day of visits to its website with over 9.1 million visits. That’s an average of almost 6,320 every minute. It’s not just sales though at record levels. New sellers have sprung into action too, with the highest daily number of new properties on a single day recorded last week too…

Rightmove’s property expert Tim Bannister, said, “The promise of better weather on the way as we move in to spring, hopefully an easing of restrictions, and kids now back in school have all helped boost listing numbers. As we head into half-term agents are reporting a frenzy of activity in some areas, with multiple offers from buyers at asking price and above.

Record numbers of home buyers are also visiting our site as many of us search for more room for working from home or a property with some outside space or a garden.

One estate agent in Saffron Walden has told us they arranged 18 viewings within 24 hours of a £1.2 million property which is now set to go to best and final offers. Bruce King, Director of Cheffins also says that the number of London buyers looking to move to the Essex market town has more than doubled since this time last year.”

There has also been an increase in chain-free properties available, with many home-owners selling now while the going is good and moving into rental properties while they wait for their dream home to become available.

For more information, and to arrange a FREE, no-obligation valuation, please contact us today.

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