Title: Property Sales Cooling Down in Lincolnshire’s East Lindsey Region
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East Lindsey is drawing attention within Lincolnshire’s real estate market due to longer sales periods when compared to the majority of regions in England and Wales. Data from Zoopla reveals that homes in this area were on the market for an average of 58 days during the first quarter of 2024, rising minimally to 59 days at the start of 2025. This length of time is markedly longer than the national average, which is currently just 36 days.
In contrast, properties in less expensive regions such as Manchester and Newcastle are being snapped up rapidly. East Lindsey’s comparatively slower rate categorises it as the third slowest region for home sales across England and Wales. Despite attractive features including a charming coastline and well-liked towns like Skegness and Mablethorpe, the district’s average house price of £200,000 does not ensure an expedited sale.
A key finding in Zoopla’s analysis reveals that two and three-bedroom homes are attracting the most interest, selling more quickly than larger properties or flats due to their scarcer supply. Nationally, a two-bedroom home is typically sold within 23 days, a quicker result compared to the previous year.
Zoopla’s Executive Director, Richard Donnell, offers some words of wisdom for potential sellers, stating, “Determining the right asking price and listening to advice from local estate agents is essential because buyers now have more choices than they did a year ago. Overpricing can potentially lead to a lengthier period before a sale is secured.”
This article draws on original reporting from www.lincolnshirelive.co.uk, and was reworked by The Lincoln Post.
