How Long is an Average Ashford Property on the Market For?

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If you are selling or buying a property in Ashford, there are a few reasons why it may be taking some time to sell your Ashford home or to find that perfect place to call your new home. It may be taking longer than you thought to find a buyer for your home because of the current state of the property market or finding that perfect Ashford home may be taking too long because of a lack of suitable properties to buy.

So, taking everything into consideration, all of these factors invite an obvious question – how long is too long to persist in the Ashford property market?

If you are looking to sell your Ashford property, it may have become infuriating that 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 at the price you want to achieve for it. If you do live in an Ashford 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 Ashford and so more than most individuals can afford, you will have to wait longer to get it sold.

Your Ashford home might be taking longer to sell because your asking price is simply too high. Even if you are prepared to take a realistic offer, if you have an unrealistic asking price your overpriced Ashford property will likely turn off potential buyers from even being inclined to book a viewing.

Looking at the market in Ashford compared to a year ago
makes very interesting reading…

image001When it comes to the average length of time on the market,

the detached, semi-detached and apartments in Ashford appear to be taking
longer to sell, yet the length of time Ashford terraced houses seem to be on
the market has dropped.

The overall average length of time an Ashford property remains on the market has risen by 13%, from 54 days a year ago to 61 days today

The question that remains is, if you are having no luck
selling should you leave your Ashford property on the market or not? This is basically
down to your personal circumstances – a big decider has to be if you are moving
up market or downsizing.

Buyers will compare your Ashford property to all the other
homes on the market using the portals such as Rightmove, On the Market and
Zoopla and even if your asking price is realistic, if your marketing
(brochures, pictures, even video walk through) isn’t top dollar, they will
dismiss your property.

Remember, the average buyer only views 4.5 properties
before they buy and on average, each buyer will only spend just over 25 minutes
viewing each home  …

The more properties that are on the market, the greater the
choice for buyers (yet more competition for house sellers), so lets look at how
many homes were for sale in Ashford now, compared to 12 months ago.

As you can see, there are some big differences between the property types in Ashford:

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As for buying an Ashford property, searching for that dream
house can take time as you have to consider the needs of your spouse, children,
schooling, etc., what you can realistically afford and whether your current
location can accommodate you until you find that perfect Ashford home.

Don’t forget that upwards of 10% of homes do not make it to the portals, so don’t just rely on the internet to let you know what is coming on the market. I often hear of disappointed buyers who missed out because another buyer registered directly with the agent, whilst they simply relied on the portals.

When it comes to buying an Ashford home, and so you do not
make any decisions you will regret later on, taking your time is always the
more practical option. The amount of money that is involved in buying a home
and all the costs connected with it means that you should not rush into buying
or selling without due consideration.

Taylors Residential Lettings Limited, Company no. 6002742, Regd Office: Suite 1, Invicta Business Centre, Monument Way, Ashford TN24 0HB