Properties that are withdrawn and relisted after a three-month break have a 42% chance of selling compared to just 14.5% for properties that remain on the market, according to data research firm TwentyEA.

The property analytics firm show that 53.4% of all residential sales occur within the first five weeks of listing, and 75.7% within three months. The chance of a sale after the first three months drops to just 14.5%.

It recorded 550,000 properties withdrawn from the market in 2024. Of these, 90,000 were relisted after a three-month rest period.

Around half of relisted properties had a price reduction, while the remainder were listed at the same or higher price. Of those with lower prices, 42.4% sold, compared to 42.1% of those at the same or higher price.

Our analysis suggests that if time is not a critical factor, sellers should consider withdrawing their property if it hasn’t sold within the first few weeks.”

The firm’s Katy Billany says: “It’s very interesting that it makes virtually no difference as to whether or not the price was lowered, and goes to demonstrate that timing and market demand often matter more than minor price adjustments. That said, when the property is re-listed, the price should always be set strategically to reflect current market conditions.

And the rest…

“Our analysis suggests that if time is not a critical factor, sellers should consider withdrawing their property if it hasn’t sold within the first few weeks. Allowing a rest period of at least three months can significantly improve the chances of success.”

Overall, the data shows it typically takes 123 days from listing to exchange and 200 days to completion.