Homeowners who want to maximise their property sale potential should list their property on 17 March.
That’s according to estate agent Emoov, which found that June last year saw the largest number of residential transactions.
Using research by the Post Office on the average number of days to sell a home, it then backtracked the national average of 96 days from mid-June to find the day homeowners should list to hit the completions peak.
Although the highest number of transactions across the nation remains fairly consistent between June, July and August, the number of days it takes to sell across each city differs by as much as 51 days between the slowest and quickest.
In London, the highest level of transactions last year was seen in June, however in current market conditions the average time to sell is 111 days.
Therefore, homeowners in the capital looking for a smooth sale in 2018 should list their home for sale on 24 February for the best chance to find a buyer.
With 110 days on average to sell a home, homeowners in Swansea are also approaching the optimum day to list, with 25 February the best day to sell to hit the mid-June peak.
Bristol is home to the quickest number of days to sell at 61 on average, giving homeowners until 15 June to list their property.
Russell Quirk, founder and CEO of Emoov.co.uk, said it is likely that buyer interest may remain subdued over the coming year, and so those serious about a sale should ensure they put themselves in the best position possible to find a buyer.
He added: “The property selling process has been considerably streamlined thanks to the digital disruption of the traditional industry and although June may seem a long time away yet, those looking to hit the market peak should already be thinking about listing their home over the coming weeks.”
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