If you are a Basingstoke homeowner or landlord and considering selling your Basingstoke 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 Basingstoke property owners, I have compiled the latest data and statistics for 625 Basingstoke 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 35 days, split by type.
- Of the 155 Basingstoke detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 42 days.
- Of the 190 Basingstoke semi-detached homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 28 days.
- Of the 115 Basingstoke terraced/town houses sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 21 days.
- Of the 129 Basingstoke flats/apartments sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 49 days.
Note: The sales numbers don’t add up precisely to the total mentioned earlier. That’s because some properties fall outside the four main categories of detached, semi-detached, terraced and flat/apartments), such as mobile homes, commercial units, land, and building plots.
Now, I would like to split it down by bedrooms.
- Of the 47 Basingstoke one-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 41 days.
- Of the 180 Basingstoke two-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 39 days.
- Of the 245 Basingstoke three-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 25 days.
- Of the 117 Basingstoke four-bed homes sold (stc) in the last 3 months, the average time from coming onto the market to sale was 38 days.
- Of the 29 Basingstoke five-bed (or more) homes sold (stc) in the last 3 months, the average time from coming onto the market to sale agreed was 75 days.
(Basingstoke being Basingstoke town centre plus 4 miles).
While the data provides an overview of the home buying and selling timeline in Basingstoke, 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 Basingstoke home.
Why do some Basingstoke properties take longer to sell?
Selling a home in Basingstoke 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 Basingstoke 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 66.94% of Basingstoke homes that left estate agents’ books were sold and homeowners moved. The remaining 33.06% were withdrawn, unsold, from the market (so the homeowner didn’t move).
The solution? Work with a knowledgeable Basingstoke agent who understands the local market. Research what similar homes in Basingstoke 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 Basingstoke 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 Basingstoke 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 Basingstoke property market, I ensure my clients receive a bespoke marketing strategy, especially tailored to their Basingstoke home’s nuances. I also ensure complete transparency and ongoing regular updates to secure the best results.
The best marketing for your Basingstoke home
High-quality photographs are essential in today’s digital-first world. Basingstoke 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 Basingstoke home’s appeal to more potential buyers.
Selling Your Home in Basingstoke
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 Basingstoke 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.
