A new analysis of property sale times across the UK’s 50 largest cities shows durations ranging from 36 to 150 days.
Sell House Fast says the fastest and slowest five are:
Rank Fastest | City | Overall average days to sell | Rank Slowest | City | Overall average days to sell |
1 | Glasgow | 36 | 1 | Aberdeen | 150 |
2 | Dundee | 59 | 2 | Bournemouth | 143 |
3 | Edinburgh | 71 | 3 | London | 139 |
4 | Northampton | 77 | 4 | Luton | 132 |
5 | Newcastle upon Tyne | 80 | 5 | Brighton and Hove | 130 |
Glasgow’s housing market is the fastest in the UK, with properties selling in just over a month on average. The quickest sales are for semi-detached and terraced homes, popular among young professionals and families drawn to the area. Detached properties may take slightly longer, but the 51 days is still way below the national average of 130. Dundee and Edinburgh also feature in the top three fastest markets.
Aberdeen has the slowest market in the UK, averaging about 150 days, or approximately five months. Semi-detached homes generally sell quicker in this city, up for sale for 107 days on average. Properties priced between £500,000 and £1,000,000 take 79 fewer days to sell.
Further Insights:
- A collapsed sale costs buyers £2,511 on average – including mortgage application fees, surveys, and solicitor costs. However, this could vary dramatically depending on where you live due to the difference in conveyancing fees — the total cost ranges from £3,477 in London to £1,893 in Wales;
- Almost half of all sales fail simply because one party has second thoughts. This is especially common in Norwich, where almost two-thirds (62.5%) of failed moves were due to cold feet;
- The fastest selling price range is between £200,000 and £300,000, as houses in this bracket were only on sale for 98 days — almost 54% quicker;
• • Three-bedroom properties fly off the market, with an average sale time of 91 days, compared to five-bedroom houses. These bigger estates typically take 20 weeks to sell due to the reduced demand for larger homes.
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