26 October 2016

Houses in Belfast take 96 Days to Sell: Study


THE average home in Belfast takes nearly 100 days to sell — while a seller in Bristol or Edinburgh can expect their property to be displaying a “sold” sign in around half that length of time, research has found.

Across the UK, a home will typically sit on the market for 91 days before it is sold, according to the study from Post Office Money Mortgages.

The report found sellers in Bristol and Edinburgh had the least amount of time to wait, with homes spending 51 and 53 days on the market respectively.

In Belfast, a house sits on the market for an average of 96 days, typically going for £118,894.

Sellers in Swansea or Liverpool typically had the longest to wait before their house is sold, at 100 and 108 days respectively, according to the research compiled by the Centre for Economics and Business Research (CEBR).

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