The research revealed that the average asking price in the region increased steadily each month since February this year ending quarter two at £168,196. The average number of days taken to sell a property has reduced by 42 days to 143 over the last six months which is an encouraging sign for the market.
Ben Greco, Director at Move with Us said: “Yorkshire and Humber has performed well over the last quarter showing signs of overall improvement. June was a particularly good month for the region as sellers saw asking prices rise and were able to secure a higher percentage of it.
“Not only are sellers managing to secure more for their properties than they have been able to in over a year, but the average number of days it takes to sell property in the region has improved by six weeks in the last two quarters.
“This is a really encouraging sign and if the next quarter is as positive as this one, it will be a strong indicator of a growing market for the region.”
*Figures are derived from The Move with Us residential market review, quarter two 2012 and is produced in conjunction with Home.co.uk. Information from more than 3,900 property sales completed by Move with Us together with data derived from around 720,000 property listings from Home.co.uk is analysed.
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