Which factors impact the average time to sell a property
Location – One of the most important factors that affect property selling time;
Proximity to local transport – Another important factor that affects the average selling time would be it’s access to public transport. Properties near bus and train stations, as well as those near supermarkets, parks and hospitals, are preferred by more buyers.
Age of the property – How long the structure has been in existence is also a deciding factor on selling period.
Supply and demand – the number of homes for sale versus the number of buyers.
Property internal characteristics – Size and number of rooms, construction quality, appliance condition, heating type, energy efficiency, etc.