How Fast Do Homes Sell in Reading?

The time it takes to sell a home in Reading varies based on several factors, including the type of property, its location, and the current market conditions. If you’re considering putting your house on the market, having a good understanding of the local property landscape and typical selling times is essential. In this blog, we explore how long homes take to sell in Reading, which areas see the quickest transactions, and how you can speed up the process. 

How Long Does It Take to Sell a Home in Reading?

Based on recent analysis of the Reading property market, the typical duration between listing a property and securing a buyer varies depending on the type of home:

• Detached homes: 126 days
• Semi-detached homes: 89 days
• Terraced houses: 92 days
• Flats and apartments: 158 days

These figures indicate that flats and detached homes generally take longer to sell compared to semi-detached and terraced properties. This is largely due to the demand for smaller, more affordable homes among first-time buyers and property investors in Reading.

Which Areas in Reading See the Fastest Sales?

Not all areas in Reading experience the same property demand; some postcodes and neighbourhoods tend to see homes selling faster than others. Recent research has indicated that areas such as Whitley and Shinfield (RG2) have quicker transactions, while Central Reading (RG1) tends to have longer selling periods. This may be due to the city centre’s higher concentration of flats and apartments, which tend to have a longer selling period. In contrast, areas like RG2, which offer family-friendly housing and good commuter links, see faster transactions.

Factors Affecting the Speed of Sale

Several factors can impact how quickly a home sells in Reading:

• Market Conditions: If there are more buyers than sellers (a seller’s market), homes tend to sell faster. Conversely, if there are more sellers than buyers (a buyer’s market), selling times may be extended.
• Property Type: As seen in the data above, flats and detached houses typically take longer to sell, while semi-detached and terraced homes tend to attract more interest.
• Asking Price: Overpricing a property can lead to it sitting on the market for longer, while competitively priced homes often sell quicker.
• Condition of the Property: Well-maintained and visually appealing homes usually attract buyers more quickly.
• Location: Proximity to good schools, transport links, and local amenities can all impact a property’s desirability.

Ways to Sell Your House Faster

If you want to sell your property quickly in Reading, there are several steps you can take to increase your chances of a swift sale.

Improve Your Property’s Marketing

Relying solely on an estate agent’s listing may not always be enough. To widen your property’s exposure:

• List your home on additional property websites such as TheHouseShop.com and HouseLadder.co.uk.
• Use social media to promote your listing. Sharing it on local Facebook groups and property forums can attract potential buyers.
• Consider traditional methods, such as placing an advert in a local newspaper or magazine.
• Organise open viewings to give potential buyers an opportunity to see the property in person.

Be Flexible on Price

If selling quickly is your top priority, being open to negotiation can help attract more buyers. In a buyer’s market, offering a competitive price gives you an advantage.

Additionally, try to keep any negative factors about your property’s selling process private. For instance, if you have had very few viewings or your home has been on the market for a long time, it’s best not to disclose this information as it may weaken your negotiating position.

Complete Documents in Advance

Delays in the selling process often stem from paperwork issues. To speed things up:

• Get an Energy Performance Certificate (EPC) ready.
• Arrange for property surveys and searches to be conducted early.
• Ensure all legal documents related to ownership, planning permissions, and building regulations are in order.

Increase Your Home’s Appeal

A well-presented home is far more attractive to buyers. Before listing your property:

• Carry out necessary repairs to fix any visible defects.
• Declutter to make the space look bigger and more inviting.
• Consider repainting walls in neutral colours to create a ‘blank canvas’ for buyers.
• Improve kerb appeal by tidying up the garden, adding potted plants, and ensuring the entrance looks welcoming.

Choose Your Estate Agent Carefully

Not all estate agents offer the same level of service. When selecting an agent:

• Look at their online reviews and client testimonials.
• Ask about their average selling time for properties similar to yours.
• Ensure they have a strong marketing strategy, including online listings and professional photography. 

Sell to a Cash House Buyer

For homeowners in need of a fast and hassle-free sale, selling to a cash house buyer is the most efficient option. At Sell House Fast, we specialise in buying properties quickly, offering cash purchases with no delays. Unlike traditional estate agents, we don’t rely on mortgage approvals or property chains, ensuring a smooth and speedy process.

Simply tell us about your home, and we will provide you with a free, no-obligation cash offer. Whether your property is in pristine condition or needs work, we can help you sell it without the usual stress and delays of the open market.