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: | 11 | 55 days | 41 days |
Selling Times in Lerwick by Price Band
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| under £100,000 | 0 | - | - |
| £100,000 to £200,000 | 7 | 33 days | 34 days |
| £200,000 to £300,000 | 3 | 44 days | 44 days |
| £300,000 to £400,000 | 1 | 247 days | 247 days |
| £400,000 to £500,000 | 0 | - | - |
| £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 | 2 | 38 days | 38 days |
| Two bedrooms | 4 | 34 days | 27 days |
| Three bedrooms | 3 | 27 days | 20 days |
| Four bedrooms | 0 | - | - |
| Five bedrooms | 2 | 158 days | 158 days |
Selling Times in Lerwick by Property Type
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Flat | 4 | 82 days | 38 days |
| Terraced | 3 | 63 days | 69 days |
| Semi-detached | 2 | 12 days | 12 days |
| Detached | 2 | 33 days | 33 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