Carluke in Scotland is Britain’s fastest selling market

  • New analysis reveals that Carluke in Scotland is Britain’s quickest selling market, with the average home finding a buyer in just 24 days: Falkirk is second (26 days) and Larbert is in third (27 days) 
  • It currently takes 43 days to find a buyer in Scotland, compared with 71 across Great Britain: 
    • Wales is the slowest overall, taking an average of 82 days to find a buyer
    • It’s taking an average of two weeks longer to find a buyer across Great Britain than at this time last year, with buyers remaining price sensitive and having more property choice to consider 
    • Scotland (+3 days longer to find a buyer) and London (+3 days longer) are the least affected areas compared to last year. The East of England (+19 days longer) is the most affected 
  • Swanage in Dorset is the current slowest market, with an average home taking more than two months longer to find a buyer than at this time last year 
  • Some of the current slowest markets were costal hotspots during the pandemic years, such as St Ives in Cornwall and Brixham in Devon 

New data from the UK’s biggest property website Rightmove reveals that Carluke in Scotland is Great Britain’s fastest selling market, with sellers in the area finding a buyer in an average of 24 days.  

Falkirk follows closely in second place, with homes finding buyers in just 26 days on average, while Larbert takes third place with an average of 27 days to find a buyer. 

Scotland remains the quickest market across Great Britain, finding a buyer in 43 days on average, while Wales takes over from London as this year’s slowest market to find a buyer, with it taking on average 82 days to find a buyer. 

Across Great Britain, it is currently taking 71 days on average for homes to find a buyer, compared with 57 days last year, the longest at this time of year since 2019. Agents report that it is still a very price sensitive market, and buyers are taking their time to find the right home amongst more property choice. 

Scotland (+3 days longer to find a buyer) and London (+3 days longer) are the least affected areas compared to last year. The East of England is the most affected, with it taking an average of 19 days longer to find a buyer than last year. 

Swanage in Dorset is the current slowest market, taking an average of 136 days to find a buyer (+83 days longer than last year). 

Some of the current slowest markets were coastal hotspots during the pandemic years, such as St Ives in Cornwall, which is second slowest, taking 129 days on average to find a buyer (+34 days longer than last year) and Brixham in Dorset taking 119 days (+44 days longer than last year).   

Rightmove’s property expert Tim Bannister said: “As this Spring brings more optimism for movers, it’s important that sellers consider that it’s taking longer to find the right buyer than at this time last year, despite the market being busier. The quickest areas to find a buyer continue to mostly be in Scotland, and it’s only taking two days longer than last year to find a buyer on average across Scotland, compared to two weeks longer on average across Great Britain, highlighting the multi-speed market. Sellers keen to find a buyer as soon as possible this Spring should work closely with their local estate agent, to price accurately for their local area.” 

Britain’s quickest markets 

Area  Region  Average time to find a buyer (days)  Change in time to find a buyer (days) compared to last year  Average asking price 
Carluke  Scotland  24  -10  £158,904 
Falkirk  Scotland  26  -1  £162,972 
Larbert  Scotland  27  -4  £231,293 
Upton  South West  27  -13  £349,756 
Troon  Scotland  27  -4  £186,595 
Port Glasgow  Scotland  27  -20  £124,417 
Irvine  Scotland  28  -7  £121,548 
Wishaw  Scotland  29  -11  £135,528 
Bellshill  Scotland  29  0  £124,661 
Denny  Scotland  30  -6  £172,334 

 

Britain’s slowest market 

Area  Region  Average time to find a buyer (days)  Change in time to find a buyer (days) compared to last year  Average asking price 
Swanage  South West  136  +83  £434,203 
St Ives, Cornwall  South West  129  +34  £482,818 
Skegness  East Midlands  127  +26  £202,719 
Werrington  East of England  126  +78  £269,151 
Old Colwyn  Wales  123  +50  £227,212 
Tettenhall Wood  West Midlands  122  +43  £381,671 
Bradwell  East of England  120  +53  £271,483 
Shanklin  Isle of Wight  119  +48  £303,128 
Cinderford  South West  119  +57  £247,388 
Brixham  South West  119  +44  £322,801 

 

Regional view 

Region  Average time to find a buyer (days)  Change in time to find a buyer (days) compared to last year 
Scotland  43  +3 
North East  64  +11 
UK  71  +14 
West Midlands  71  +16 
North West  72  +14 
South West  73  +18 
London  73  +3 
South East  73  +15 
Yorkshire and The Humber  73  +16 
East of England  75  +19 
East Midlands  78  +18 
Wales  82  +18 

 

 ENDS 

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