New data from Zoopla has revealed homes sold in the city were on the market for just 17 days before the average seller agreed an offer. According to the property sales website one bed flats are the most in demand and the fastest to sell, with an average time of just three weeks due to lower asking prices.
Izabella Lubowiecka, Senior Property Researcher at Zoopla said: “Over the last 12 months, the time to agree a sale has increased by almost two weeks. This is due to a few factors: there are fewer buyers in the market alongside cost of living concerns and higher mortgage rates which has meant many have had to pause a search for their next home.
Wigan was also featured as the UK's 20th fastest property market, with homes taking approximately 27 days to sell. The second and third fastest-moving markets respectively are Manchester and Salford, where the average time to agree an offer is 21 and 23 days.
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