Just 14.3% of properties currently listed for sale within the past 30 days across England have found a buyer, but this climbs to more than one in five across a number of major cities, according to GetAgent.
GetAgent analysed current for sale listing data from Zoopla, looking at the number of homes currently listed for sale across the market in England within the past 30 days, and what proportion had already gone under offer or sold subject to contract.
In Sheffield, agents sold as many as 22.9% of all homes listed within 30 days of them hitting the market.
In Bristol, 22.6% of homes found a buyer within 30 days, similar to Newcastle (22.5%) and Leeds (20.4%).
Leicester was home to the lowest level of homes selling at pace, with just 9.8% of all current for sale stock finding a buyer within 30 days.
London ranked poorly in this respect (11.6%), as did Birmingham (15.8%).
Colby Short, co-founder and CEO of GetAgent.co.uk, said: “Even within the fastest selling areas of the market, there is a disappointing number of properties that have agreed to a sale in their first 30 days.
“Additionally, not all of these sales will complete, and many will have to be re-listed.
“This goes to show that it is still difficult to sell a property in the current market.
“However, many agents are doing a great job by pricing appropriately, maximising exposure for their listings, and managing to get sales agreed.
“If you’re a homeowner looking to sell, make sure you look at what the agent has sold lately, how long it took them to sell it, and, if possible, the percentage of the asking price they achieved.
“Your home is your largest financial asset, so make sure you engage an expert to sell it for you.”
