One in nine properties sold above asking price in February, but more deals are taking longer to complete
The number of properties selling for more than their asking price increased to one in nine (11%) in February, according to Propertymark - the highest level since August last year, and the highest February figure since 2016.
One in eight properties sold above asking price in August
13% of homes went for more than their original asking price last month, according to Propertymark, up from 8% in July and 10% in June.
Sharp drop in properties selling above asking-price
The majority of properties sold at or below asking price in September, according to Propertymark, but buyer demand continues to outpace sales supply.
Ranked: Prime London’s most price-reduced areas
21% of £3m+ sales listings in prime London areas have had their initial asking price reduced; Maida Vale is the most discounted enclave...
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