Record number of sellers come to market on Boxing Day and demand jumps by 273%

January 4, 2024
Love or Hate Rightmove
  • A new record number of sellers put their property up for sale on Rightmove on Boxing Day, a 26% increase on the previous record last year
  • The number of buyers contacting estate agents about homes for sale jumped by 273% between the Christmas Day lull and Boxing Day, and was 17% higher than last Boxing Day
  • Visits to the Rightmove platform nearly doubled (+84%) between Christmas Day and Boxing Day, and were 8% higher than last year
  • Boxing Day signals the start of home-mover activity beginning to increase at the start of the new year

 

New data from the UK’s biggest property website Rightmove reveals that a new record number of sellers came to market on Boxing Day, with a 26% increase in new sellers beating the previous record of last year.

 

Buyers also got their new year moving plans in motion on Boxing Day, with the number of buyers contacting estate agents about homes for sale nearly quadrupling (+273%) from Christmas Day, and 17% higher than Boxing Day last year.

 

Visits to the Rightmove platform nearly doubled (+84%) between Christmas Day and Boxing Day and were 8% higher than last year.

 

Boxing Day traditionally signals the start of home-mover activity starting to ramp up following the usual lull over Christmas.

 

Rightmove’s property expert Tim Bannister said: “The scale of this year’s Boxing Day bounce is an early positive sign at the start of the year that buyers and sellers are out there and taking action, likely including some movers who had put their plans on hold last year. Whilst it is early days, it will be key to monitor activity as it ramps up through the end of winter and into spring, particularly to track whether sellers are pricing attractively enough to agree a sale with a buyer quickly, given buyers now have more choice to consider than last year and are still very price sensitive.”

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

Home and Living

Restoring the Past: How to Expertly Repair Wooden Windows with PM Windows Ltd

Why Wooden Windows Deserve a Second Life Wooden windows are a hallmark of classic British architecture, offering timeless beauty, warmth, and craftsmanship rarely matched by modern alternatives. Whether adorning a Georgian townhouse or a Victorian terrace, their charm lies in both their aesthetics and their heritage value. However, timber windows are not immune to the…
Read More →
Breaking News

Slight rise in house prices as market maintains strength

Halifax House Price Index • House prices increased by +0.3% in April vs -0.5% in March • Average property price now £297,781 compared to £296,899 in previous month • Annual rate of growth at +3.2% up from +2.9% in March • House prices remarkably stable over last six months, down by just £48 • Northern…
Read More →
bank of england interest rate
Breaking News

Industry Reacts to Bank Rate Cut

Nathan Emerson, CEO of Propertymark: “Today’s news will no doubt be extremely welcome for many, especially given current economic uncertainties. International bodies have recently stated they expect interest rates to fall in the UK as the year progresses. Overall, we hope to see interest rates further continue their downward trajectory over the course of 2025. …
Read More →
Rightmove logo
Breaking News

Rightmove reaction to Bank Rate cut

Matt Smith, Rightmove’s mortgage expert says: “The much-anticipated second rate cut of the year has arrived, and with some lenders having taken their time to pass on the benefits of the expected Bank Rate cut, I think we may now see further reductions in the coming days and weeks. A fresh round of mortgage rate…
Read More →
Breaking News

Zoopla crowns Glenrothes the most popular affordable town for families as one in three fear being priced out of their ideal area

New Zoopla research pinpoints Glenrothes in Scotland, with an average three-bedroom home value of £136,900, as the most attractive option for families seeking affordability All of the towns in the top ten are located in Scotland and Wales, apart from Dartford and Swanley in the South East Three-bed homes in the most popular affordable towns…
Read More →
Breaking News

UK government admits almost no evidence nature protections block development

Environmental lawyer says it’s deeply frustrating that the Government is pushing major changes to conservation law without supporting data or research Whitehall analysis provides no data or research to support the government argument that environmental legislation holds up building. Ministers say the new bill will speed up housing developments and large infrastructure projects by allowing…
Read More →