Time to Sell Analysis for Lerwick

How long does it take to sell property in Lerwick?

Selling times for homes in Lerwick represent the actual time taken from a property coming onto market to reaching a sold status as tracked in the Home.co.uk property search. Time to Sell is distinct from Time on Market as only properties that have achieved a sold status are included in the analysis.

Overall Time to Sell in Lerwick (over last 90 days)

Total Properties Mean Selling Time Median
Selling time in Lerwick: 18 44 days 26 days

Selling Times in Lerwick by Price Band

  Properties Mean Selling Time Median
under £100,000 0 - -
£100,000 to £200,000 9 46 days 33 days
£200,000 to £300,000 5 33 days 22 days
£300,000 to £400,000 3 44 days 19 days
£400,000 to £500,000 1 86 days 86 days
£500,000 to £1,000,000 0 - -
over £1,000,000 0 - -

Selling Times in Lerwick by Number of Bedrooms

  Properties Mean Selling Time Median
One bedroom 0 - -
Two bedrooms 6 47 days 45 days
Three bedrooms 4 54 days 50 days
Four bedrooms 8 38 days 21 days
Five bedrooms 0 - -

Selling Times in Lerwick by Property Type

  Properties Mean Selling Time Median
Flat 4 49 days 51 days
Terraced 1 85 days 85 days
Semi-detached 8 39 days 24 days
Detached 5 41 days 22 days

Note: The Lerwick selling times were calculated by sampling over all properties marked as sold in the Home.co.uk property search in the last 90 days within 1 mile of the centre of Lerwick.

More Property Data for Lerwick

See also: Time on Market Report for Lerwick over the last year, Current Asking Prices in Lerwick

Back to: House Prices Menu for Lerwick