Over Half of Home Sales Had to Cut Asking Price to Attract Buyer

Over half of home sales had to cut asking price to attract buyer

Many vendors had put in an offer on another home before they understood the value of their own property, Zoopla said

44% of UK homes listed for sale fail to find buyers

Nearly half of UK homes listed for sale over the past three years did not complete a transaction, according to new data from property portal Zoopla, with pricing strategies identified as a primary factor in failed sales. The analysis found that 44% of properties listed between 2023 and 2026 remained unsold. The post 44% of UK homes listed for sale fail to find buyers appeared first on PropertyWire.

Half of listed homes never sell, Zoopla reports

Sellers who price too high are significantly reducing their chances of finding a buyer, says portal boss Richard Donnell.

Half of homes don't sell - Zoopla

Nearly half of all homes listed for sale in the UK do not sell according to Zoopla an analysis of listings on the property portal identified

Overpricing leaves nearly half of listed homes unsold

Overpricing leaves nearly half of listed homes unsold - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.