The number of properties listed for sale with estate agents has dropped by a fifth in the last year, new research show.
In January 2021, estate agents across England and Wales had an average of 33 properties on their books. This included both available properties and those sold subject to contract. Last month, that figure had fallen to an average of 26 properties.
The figures, which are based on more than 4,000 market appraisals, also recorded the percentage of properties on the market that were sold subject to contract.
In January 2019, an average of 42% of properties were sold subject to contract. In January 2022, that figure had risen to 66%; a rise of 24 percentage points.
Read the full article on: Property Industry Eye | FEBRUARY 22, 2022 | MARC DA SILVA
Estate Agents
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