PropertyPal Monthly Market Snapshot: May 2023
Market Snapshot: May 2023
Sales & Rental Activity Snapshot: May 2023
to reach ‘sale agreed’ during May, 2016-2023 Average days to reach ‘let agreed’ during May, 2016-2023
Average listed time to reach sale agreed in May 2023 vs pre-covid average in May 2017-2019: 43 days vs 49 days
Typical time to sale agreed 6 days faster compared to ‘normal market’ conditions.
Average
time
27 days vs 39 days
Typical time to let agreed 12 days faster compared to ‘normal market’ conditions.
Sales Activity Snapshot: May 2023
£189,400
£204,500 £315,800 £558,700
£176,700 £205,900
£16,380 £737