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Spring brings a surge in new listings

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Tue 02 Apr 2024

Spring brings a surge in new listings

The Spring home-moving season is off to a strong start, with a notable surge in new property listings. Thursday March 28th, just before the Easter break saw the highest number of new listing on Rightmove this year, 45% more than the previous Thursday. This influx of new sellers on Rightmove suggests a busy period for the housing market, with the hope of attracting buyers who utilised the long weekend for both home and Easter egg hunting.

Property experts, highlight the importance of pricing competitively in this market, despite the increased activity. Sellers should heed advice from their agents on pricing competitively to help secure a successful sale.

In terms of the broader housing market, there's a continuation of the recovery seen after a subdued 2023. Asking prices have risen by 0.8% over the past year, with variations across regions. The North West, for instance, has seen a significant 28% increase since March 2020, whereas London has only experienced an 8% uplift.

Here at McDonald's Estate Agents, we understand the importance of staying informed about the local Fylde Coast property market conditions when considering selling your home. Keeping tabs on trends and performance in your area can help you make informed decisions about timing and pricing.

Whether you're looking to capitalise on the spring home-moving season or simply exploring your options, McDonald's Estate Agents is here to provide the expertise and resources you need to navigate the property selling process with confidence.

Sourced from Rightmove