estate agents

Now, we would like to split it down by bedrooms.

 

  • Of the 34 Wolverhampton one-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 72 days.

 

  • Of the 194 Wolverhampton two-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 52 days.

 

  • Of the 428 Wolverhampton three-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 34 days.

 

  • Of the 91 Wolverhampton four-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 100 days.

 

  • Of the 13 Wolverhampton five bed (or more) homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 32 days.

 

(Wolverhampton being Wolverhampton city centre plus 3 miles).

While the data provides an overview of the home buying and selling timeline in Wolverhampton, it is essential to delve deeper into why homes may sell faster or slower. Below, I explore these factors to help you maximise your chances of successfully selling your Wolverhampton home.

Why do some Wolverhampton properties take longer to sell?

Selling a home in Wolverhampton involves more than simply placing it on the market and waiting for offers. Pricing and marketing are the two main reasons properties take longer to sell (or do not sell at all).

Setting the right asking price for your Wolverhampton home

The primary factor in selling your home is pricing it correctly. Overpricing will deter buyers as it will appear out of kilter with similar properties for sale.

Remember, only 65.0% of Wolverhampton homes that left estate agents' books were sold and the homeowner moved. The remaining 35.0% were withdrawn, unsold, from the market (so the homeowner didn’t move).

The solution? Work with a knowledgeable Wolverhampton agent who understands the local market. Research what similar homes in Wolverhampton have sold for and seek valuations from multiple agents to ensure your pricing is competitive.

Your choice of estate agent is essential in how fast your Wolverhampton home will sell (even if it sells at all). Some agents excel at marketing properties and maintaining active communication with potential buyers on their mailing lists, while others may fall short. If your Wolverhampton estate agent isn't delivering on their promises, don't hesitate to follow them up and hold them accountable.

If you're planning to try your luck with a slightly higher asking price, that's understandable. But if you’re not getting serious interest within the first couple of weeks, that’s the time to adjust—sooner rather than later. Why? Because the numbers are clear. Research by Denton House using TwentyEA data shows that if your home sells within the first 25 days of hitting the market, there's a 94% chance that the sale will go on to complete (i.e., you move home). Wait over 100 days to agree on a sale, and the chance of the sale completing drops to just 56%. In other words, there's nearly a one-in-two chance the sale will fall through. Timing and pricing matter more than ever.

As an estate agent specialising in the Wolverhampton property market, we ensure my clients receive a bespoke marketing strategy, especially tailored to their Wolverhampton home's nuances. We also ensure complete transparency and ongoing regular updates to secure the best results.

The best marketing for your Wolverhampton home

High-quality photographs and videos are essential in today's digital-first world. Wolverhampton buyers scrolling through Rightmove, On-The-Market, and Zoopla listings form their first impressions based on your home’s photographs. Poor or outdated photography can leave a property overlooked, especially seasonal photos (e.g., you shouldn't have Christmas decorations or snow on the ground in the summer) as they reveal how long the home has been on the market.

Consider revisiting your property’s photos with your agent regularly as the seasons pass. Fresh, new professional images can transform your Wolverhampton home’s appeal to more potential buyers.

Selling Your Home in Wolverhampton

We understand that selling your home isn't just a box-ticking exercise. It's a significant step requiring proper guidance, careful planning, and consistent support. As an agent who knows the Wolverhampton property market inside out, we offer tailored advice and a hands-on approach to help you every step of the way.

 

Whether you're looking for a spacious detached house, a cosy terrace, or a sleek flat, we’re here to help you make the process smooth and successful. If you're thinking of moving please get in touch!

 

 

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