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Property hotspots: We reveal the fastest place to sell a house in the UK

Reflections of The Falkirk Wheel at night
UK property hotspots: Falkirk. In the picture we see the Falkirk Wheel: It looks like a work of art, but it's actually a feat of engineering: the world's only rotating boat lift. Photo: Getty (munro1 via Getty Images)

Falkirk in Stirlingshire is Great Britain’s fastest selling market, with sellers in the property hotspot finding a buyer in an average of 22 days, according to Rightmove.

Broxburn in West Lothian is the second quickest market, with homes finding a buyer in 23 days on average and Renfrew in Renfrewshire is third at 24 days to find a buyer on average.

Across Great Britain, homes are finding a buyer in an average of 55 days, up from 33 days a year ago, but still quicker than the pre pandemic average of 67 days.

Read more: Houses being sold at a £14,000 discount, Zoopla finds

“The current market conditions will suit more measured movers, who were perhaps put off by the frenetic market conditions of this time last year, when the average time to find a buyer was near a record low,” Rightmove’s property expert Tim Bannister said.

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The data also shows that it’s taking longer to find the right buyer in areas near the coast compared with a year ago, while it is homes in city commuter belts that are finding a buyer more quickly.

“Despite what will feel like calmer conditions, the market is still moving more quickly than before the pandemic started. This latest data reflects current buyer behaviours, with more buyers returning to cities and within commuting distance of an office and the speed of the market easing near the coast, which had seen some of the most frantic levels of activity during the pandemic,” Bannister added.

Seven of the top 10 quickest locations to find a buyer are in Scotland, where homes typically find a buyer more quickly, though these areas are taking longer to find a buyer than a year ago.

Read more: What next for mortgage rates and savings?

The average time to find a buyer in Scotland is now 34 days, compared with 22 days last year. Scotland is the quickest market in Great Britain, while London takes the longest to find a buyer on average (65 days).

Across Great Britain, it is currently taking 55 days on average to find a buyer and a further 165 days to complete a sale.

Terraced houses are currently finding buyers fastest at 48 days, while detached houses are taking the longest to sell at 65 days.

Britain’s quickest markets. Table:Rightmove
Britain’s quickest markets. Table: Rightmove

Watch: How much money do I need to buy a house?

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