Jump to content
House Price Crash Forum
Sign in to follow this  
crashmonitor

Sold to stock ratio Rightmove

Recommended Posts

Never really seen such a high strike rate re.sold signs driving about, I usually expect quite a bit of tailing off towards Christmas. Checking the stats on rightmove rather proves that. Not sure whether that is because vendors are getting sensible re.accepting offers and prices are falling or the Market is stronger than it ought it to be given the crazy asking prices and the need to deflate this bubble.

................................Stock........................SSTC............................% Sold

Luton....................2009..............................995..................................50

Northampton........2289............................1428..................................64

Derby...................2533...........................1052....................................42

Leeds..................6118............................2792...................................46

Newcastle...........4047...........................1109....................................29

Edinburgh...........2342...........................1184....................................51

( complied by doing searches with and without SSTC)

Share this post


Link to post
Share on other sites

I haven't got the figures but I seem to recall that a high proportion of SSTC fall through and return to the market.  Estate agents are getting pretty desperate if my limited contact with them recently is any thing to go by and one of those signs goes up almost as soon as there is an expression of interest.

Share this post


Link to post
Share on other sites

Wait to you see up north. The best figures are 20% a lot have a 12-16% sold ratio.

That means either properties are actually selling or more likely things are just sat there for months....

Share this post


Link to post
Share on other sites

I should have looked at London too and that is telling.

 

Of 61,302 listed properties only 17,360 sold or 28%. May be the head of the serpent is in the process of being severed and with it the fuel to the rest of the country.

Share this post


Link to post
Share on other sites

I wonder if there is any way of looking at the historical data through proppeetybee or similar to compare this to earlier years? What does a 'normal' spread look like? 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   80 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.