While the introduction of the third lockdown and a never ending ‘stay at home’ order may make it feel like most things in the country are stagnating, the property market continues to prove its resiliency with a 44% lift on last year’s stats…
You may not think the property market is moving at break-neck speed out of the gate in 2021, but the numbers prove otherwise. Rightmove recently published stats relating to the number of people searching for homes on their platform – and visitors are up by 44% in 2021 from the same timeframe a year ago in 2020. Considering January usually gets a boost in viewers anyway, this is a huge step up showing significant numbers.
In fact, Rightmove has published in an article recently that not only are the number of buyers looking for a home higher than last year, but they are actually at their highest number on record.
Last month, the website saw over 211 million visits from home-movers – a record for this time of year. The amount of time that people spent on the site last month totalled more than 1.6 billion minutes, which equates to over 3,000 years collectively.
This is up by 44% compared with January 2020, and the busiest day was Saturday 30th January, when home-hunters spent over 60 million minutes searching for their next home. There are also strong signs of a number of new buyers just starting out on their search in 2021, with 7% more buyers contacting estate agents via Rightmove than in January 2020.
This data shows us that each home placed on the market NOW is being seen by far more people, and therefore will get more interest, more offers, and a higher sale price.
So, what are you waiting for? Don’t miss out. Take the first step and book your home valuation with us now…
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