Bridgend is the second fastest-moving property market in the UK!New research by Zoopla has found that Bridgend is the second quickest town for selling properties in the whole of the UK.
Zoopla have recently analysed their property portal data to find the locations in Britain where homes sell most quickly. The research identified 20 regions where properties sell in around 30 days or less, with Bridgend coming in as the second fastest in the UK and the fastest in Wales.
The research found that on average property listings in the Bridgend area took just 24 days to go from “for sale” to “sold subject to contract”.
Bridgend, and the property market as a whole, is currently experiencing high demand since the Covid lockdowns. This is due to pent-up demand from the lockdowns and current government incentives to encourage buyers, such as the stamp duty holiday until March. At present there are more buyers actively looking than the number of available properties, leading to an increase in house prices and homes often agreeing a sale within just days of becoming available.
The Zoopla research also looked into the fastest moving property types, with three bedroom semi-detached homes being the quickest to sell in 12 of the top 20 fastest-moving markets. Cheaper properties also found buyers more quickly, with homes in the £100,000 to £150,000 price bracket leading the way in 11 of the top 20 markets.
If you’re looking to sell in Bridgend, now is a great time to take advantage of the fast moving market! Carry out a free instant valuation of your home at www.peteralan.co.uk/#valuation or contact the local branch directly to arrange a free market appraisal of your home.
Source - https://www.zoopla.co.uk/discover/property-news/zoopla-data-the-20-uk-locations-where-homes-sell-the-fastest/