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Homes in London took twice as long as properties in Scotland to sell on average last year, according to a website.

In 2023, the average sale took 34 days – from the property first being launched to the market to a sale being agreed, subject to contract – Zoopla said.

The average time to sell ranges from 20 days in Scotland to 40 days in London.

This difference primarily reflects housing affordability and

Mortgage rates are high and housing inventory is tight, but some experts see the market’s deep freeze starting to see this spring.

Homebuying started to pick up during and after the holidays. Existing home sales increased 3.1% from December to January, according to the National Association of Realtors. Meanwhile, the inventory of unsold existing homes rose 2% from December to January, totaling around 1 million at the end of last month, slightly expanding buyers’ options.

“While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand,” NAR chief

The Meadowlands family home in Old Watton Road in Colney is set over three floors and offers four double bedrooms and three bathrooms.

The bespoke property was completed in 2021 and according to listing agent Websters, it “oozes style and sophistication”.

READ MORE: Norwich named among the UK’s best places to live

The property has marble floors in the entrance hall (Image: Webster’s)

The family home has a three-story layout with four double bedrooms and three bathrooms (Image: Webster’s)

Upon entrance is a vaulted hall and a bespoke contemporary staircase, with natural light bouncing off marble floors.

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