55 Days to Sell a Binfield Home
If you are a Binfield homeowner or landlord and considering selling your Binfield property soon, you may have wondered how long it will take to find a buyer and sell.
55 Days to Sell a Binfield Home
If you are a Binfield homeowner or landlord and considering selling your Binfield property soon, you may have wondered how long it will take to find a buyer and sell.
The time it takes to sell a home varies depending on location, property type, price range, bedrooms, and market conditions. For interested Binfield property owners, I have compiled the latest data and statistics for the 52 Binfield homes that have sold stc in the last 3 months, split down by type (detached houses, semi-detached homes, terraced houses, and flats) and bedrooms to give you a clear picture.
The overall average is 55 days, split by type.
- Of the 25 Binfield detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 156 days.
- Of the 10 Binfield semi-detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 23 days.
- Of the 3 Binfield terraced/town houses sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 174 days.
- Of the 14 Binfield flats/apartments sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 27 days.
Now, I would like to split it down by bedrooms.
- Of the 4 Binfield one-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 21 days.
- Of the 12 Binfield two-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 33 days.
- Of the 11 Binfield three-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 92 days.
- Of the 15 Binfield four-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 48 days.
- Of the 10 Binfield five bed (or more) homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 156 days.
(Binfield being Binfield village centre plus 1 mile).
While the data provides an overview of the home buying and selling timeline in Binfield, it is essential to delve deeper into why homes may sell faster or slower. Below, I explore these factors to help you maximise your chances of successfully selling your Binfield home.
Why do some Binfield properties take longer to sell?
Selling a home in Binfield involves more than simply placing it on the market and waiting for offers. Pricing and marketing are the two main reasons properties take longer to sell (or do not sell at all).
Setting the right asking price for your Binfield home
The primary factor in selling your home is pricing it correctly. Overpricing will deter buyers as it will appear out of kilter with similar properties for sale.
Remember, only 49.06% of Binfield homes that left estate agents' books were sold and the homeowner moved. The remaining 50.94% were withdrawn, unsold, from the market (so the homeowner didn’t move).
The solution? Work with a knowledgeable Binfield agent who understands the local market. Research what similar homes in Binfield have sold for and seek valuations from multiple agents to ensure your pricing is competitive.
Your choice of estate agent is essential in how fast your Binfield home will sell (even if it sells at all). Some agents excel at marketing properties and maintaining active communication with potential buyers on their mailing lists, while others may fall short. If your Binfield estate agent isn't delivering on their promises, don't hesitate to follow them up and hold them accountable.
If you're planning to try your luck with a slightly higher asking price, that's understandable. But if you’re not getting serious interest within the first couple of weeks, that’s the time to adjust—sooner rather than later. Why? Because the numbers are clear. Research by Denton House using TwentyEA data shows that if your home sells within the first 25 days of hitting the market, there's a 94% chance that the sale will go on to complete (i.e., you move home). Wait over 100 days to agree on a sale, and the chance of the sale completing drops to just 56%. In other words, there's nearly a one-in-two chance the sale will fall through. Timing and pricing matter more than ever.
As an estate agent specialising in the Binfield property market, I ensure my clients receive a bespoke marketing strategy, especially tailored to their Binfield home's nuances. I also ensure complete transparency and ongoing regular updates to secure the best results.
The best marketing for your Binfield home
High-quality photographs and videos are essential in today's digital-first world. Binfield buyers scrolling through Rightmove, On-The-Market, and Zoopla listings form their first impressions based on your home’s photographs. Poor or outdated photography can leave a property overlooked, especially seasonal photos (e.g., you shouldn't have Christmas decorations or snow on the ground in the summer) as they reveal how long the home has been on the market.
Consider revisiting your property’s photos with your agent regularly as the seasons pass. Fresh, new professional images can transform your Binfield home’s appeal to more potential buyers.
Selling Your Home in Binfield
I understand that selling your home isn't just a box-ticking exercise. It's a significant step requiring proper guidance, careful planning, and consistent support. As someone who knows the Binfield property market inside out, I offer tailored advice and a hands-on approach to help you every step of the way.
Whether you're looking for a spacious detached house, a cosy terrace, or a sleek flat, I'm here to help you make the process smooth and successful. If you're thinking of moving, get in touch. I'd love to chat about how we can secure the right result for you.