Busy start to 2018 with increased home-hunter activity

EDINBURGH, January 18, 2018 – Early traffic data indicates a busy start to 2018, with Rightmove visits up by an average of over 9% so far in January compared to same period last year, averaging over 4 million visits per day.

  • Average price of property coming to market is up 0.7% (+£2,067) this month on Rightmove, tracking over 90% of the UK property market, similar to the 0.6% rise at this time a year ago with virtually identical number of properties coming to market.
  • To have the best chance of a successful sale this year, sellers should note:
    • Buyers are still price-sensitive with sales agreed numbers in the last quarter of 2017 down 5.5% on the same period a year ago.
    • Sellers of properties suitable for first-time buyers set to have greatest chance of sales success following last Autumn’s stamp duty saving boost.

Source: Rightmove, January 2018