Why Does it Take 116 Days to Sell a Home in Fife? (Watch/Read/Listen)
The average time to sell a house in the UK from start to finish is 170 days, equivalent to 24.3 weeks or 5.6 months from the first day of marketing to legal completion, whilst in Fife it’s 116 days.
The actual time can vary depending on market conditions, location, property type, and pricing strategy, so in this article I delve deeper. Here is a breakdown of that 116 days.
Step 1 – Time to Accept an Offer:
On average, nationally, it takes 50 days (up from 43 days in 2022) to accept an offer on a property. This time starts with placing the property on the market, viewings, negotiating an offer and reaching an agreement with a potential buyer.
In Fife, it is taking 34 days on average to agree a sale on a property.
Again, the type of Fife property makes a huge difference as well.
