Buyer Demand Surges As Property Listings Reach 10-Year-High

The Spring selling season is fast approaching, and with it comes a key opportunity for sellers to successfully market their homes.

While the average asking price has risen by a modest 0.5% (+£1,805) to £367,994—lower than the typical 0.8% increase for this time of year—this presents a unique advantage for sellers looking to attract serious buyers.

One of the main factors influencing the current market is the upcoming stamp duty changes in England at the end of March. Buyers will be keen to secure a purchase before these changes take effect, making now an ideal time for sellers to list their homes while demand remains high. By acting quickly, sellers can take advantage of motivated buyers looking to avoid any potential increase in stamp duty costs.

Additionally, the number of homes for sale has reached a 10-year high, offering buyers more choice than they have had in a decade. While this means sellers need to be competitive with their pricing, it also ensures that serious buyers are actively searching for properties that stand out. Those who price their homes realistically and present them well will be in a strong position to secure a sale before competition intensifies further.

First-time buyer properties have seen a slight dip in asking prices, whereas larger family homes have experienced a modest increase. This suggests strong demand at different ends of the market, creating opportunities for sellers across all price brackets.

With motivated buyers, increased choice, and the approaching stamp duty changes, sellers who list their homes now stand the best chance of securing a sale at a favourable price. Acting early ensures maximum exposure to buyers who are ready to move, making this the perfect time to enter the market.