It's the season for growth ideas to finally blossom. There are signs of renewal in London's housing market, and opportunities to complete property sales quickly. That's why we're calling on homeowners to take action to make the most of this market.
Good news for the market
Rightmove's latest House Price Index shows that the housing market recovered in the spring, with prices rising 1.5% in March, “well above the 22-year average of 1.0%.” The report found that buyers are now ready to make their move, led by London, where demand is up 8% compared to the same time last year.
According to the House Price Index, the time it takes to find a buyer is now “71 days, the longest for this time of year since 2019.” Rightmove adds that “attractively priced properties are being quickly selected, but sellers who are overly optimistic in pricing are struggling to find the right buyer” (source).
We can help you find that sweet spot of attractive pricing that takes full advantage of the local market, your home's unique selling points, and captures buyers. However, if you need to sell faster, you might want to consider an alternative approach…
We respond quickly
London's property market is blossoming before our eyes and if this is the opportunity to sell you've been hoping for, as London's number one estate agency brand*, we have the buyers, the technology and the right service to make it happen.
However, if you need to sell faster, follow these steps:
Yes, it's an auction, but not as you know it – there's no auction house and no secret bidding. Foxtons Auctions is carefully run with a focus on transparency and user friendliness, specifically designed to enable the average London homeowner to succeed. And the best part is, with an average turnaround time of 71 days, from listing to sale in less than two months.***
Find out more about Foxtons Auctions.
***Source: Average time it takes for an auction property to transact, Foxtons.
Jump into the auction
This is a great option for motivated sellers who are on a short lease, have delayed selling, or just want a fast turnaround to move into their dream home sooner. With the spring market accelerating, the right auction can help you achieve your goals.
• Our team is highly experienced and uses Foxtons' vast database to inform you of sales.
• All buyers are pre-qualified. Everyone pays a purchase deposit and all bids are made public, so you can be sure the successful bidder is serious.
• We start showings as soon as possible and continue showings until your property sells at or before auction. On average, 99% of the properties we have had so far this year have sold before auction.
Explore Foxtons Auctions and book a valuation
