Agents finding it difficult to persuade potential vendors to come to the market this early in the year have new ammunition thanks to consumer group the HomeOwners Alliance.
It says that data from the past seven years shows January remains one of the best months of the year to list a house for a speedy sale.
The HOA’s estateagent4me database has shown properties listed in January take an average of 60 days to sell - over the past seven years the duration in January has fluctuated between 51 and 75 days.
January 2021 was the fastest on record for the HOA, getting faster as the year went on. By December properties were selling in just 43 days. In 2021 sellers shaved two weeks off the average time to sell - making it 15 per cent faster to sell last year than in the last seven years
Paula Higgins, chief executive of HomeOwners Alliance, says: “We regularly get asked the best time of the year to move and our data shows that January remains a great time.
“2021 was a bonkers year for transactions and bucked previous home selling trends. Estate agents and conveyancers really rose to the challenge to meet the stamp duty deadline and deliver savings for home sellers.
“While 2021 was the year to sell fast whatever the month, history tells us January is still a great time to get moving. “