How's The Solihull Property Market Dom? - Week 19, 2023 - DM & Co. Homes

As I have talked a lot about the length of time is takes to get sales agreed, I thought that this week I would look into how many days it was on average that it took agents to agree a sale.

I was both pleased and shocked - pleased because DM & Co. Are performing very well, but shocked at home many of the big established names in the market were taking so long - I will detail the results in the description to this video on YouTube.

There is definitely a synergy between overvaluing and length of time on the market - this all feeds into my belief and support for the ZERO week contract, be open, honest and transparent at all times and there should be no need to be tying sellers or landlords into lengthy contracts.

As is always the case all of the statistics that I gather and report on are provided by Rightmove and I keep an ever growing folder of records at the office if anybody would like to look into the detail.

Top Performers based on Average Number of Days Marketed

  1. Hunters, Solihull - 100 days
  2. DM & Co. Solihull - 101 days
  3. DM & Co. Dorridge - 110 days
  4. DM & Co. Premium - 113 days
  5. John Shepherd, Shirley - 119 days
  6. Smart Homes, Shirley - 129 days
  7. John Shepherd, Solihull - 140 days
  8. Yopa, West Midlands - 144 days
  9. Xact Homes, Knowle - 148 days
  10. Dixons, Solihull - 151 days
  11. Black & Golds Estate Agents - 156 days
  12. Xact Homes, Solihull - 159 days
  13. Centrick, Solihull - 162 days
  14. Shipways, Shirley - 168 days
  15. Horton & Storey, Shirley - 172 days
  16. Melvyn Danes, Shirley - 172 days
  17. EB&P, Knowle - 176 days
  18. Ginger, Shirley - 177 days
  19. Melvyn Danes, Solihull - 182 days
  20. Purplebricks, Birmingham - 221 days

*Time on market report for DM & Co. Homes on 14.05.23 - Beds: up to 999 bedrooms | Price: up to £5,000,000 | Date: 01/04/23 - 12/05/23 - Postcodes: B28, B90, B91, B92, B93, B94, B95 - Minimum of 20 properties marketed.

    The reason that I am releasing this data and continue to film these weekly episodes is to help educate and provide an open, honest and transparent overview for those that are interested in the local property market.

    If you have any questions or would like to discuss the property market in greater detail, I would love to hear from you.

    All the best,

    Dominic

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