Record number of sellers come to market on Boxing Day

Even before the new year began, some home-sellers started to get their 2024 moving. Just one day after Christmas, on Boxing Day, we saw a record number of homes listed for sale. More than 10,000 new properties came to market, which is the biggest number of new sellers in one day since 2011.

‍

Many sellers planned ahead to get their homes ready to put on the market in time to capture the new wave of interest from buyers from Boxing Day and into the new year. So if you’ve been looking for a home to buy, you’re likely to find you’ve now got more to choose from.

‍

Visits to Rightmove nearly doubled between Christmas Day and Boxing Day. The level of demand from potential home-buyers, measured by the number of enquiries sent to estate agents about homes for sale, jumped too, and more than tripled (+273%) from Christmas Day to Boxing Day. There were also 17% more buyer enquiries on Boxing Day than the year before.

‍

In 2023, we saw lower-than-expected falls in asking prices, and good levels of demand from home-buyers for the right-priced homes. But if you’re thinking of selling your home in 2024, it’s going to be really important to price it competitively to give yourself the best chance to find a buyer more quickly.

‍

With buyers having a wider choice of homes for sale in their area, they’ll be in a stronger position to negotiate on price and take more time to choose the home that’s right for them.

‍

If you are looking to make a move in 2024, OneAgency can assist and offer free valuations. We cover Stoke-on-Trent, Staffordshire and Cheshire. Get in touch today to secure your dream move.