Updated monthly, the latest dataset analyzed more than eight property sales in Camelford and Delabole and 37 in Bude between April 2020 and April 2021.
The statistics track the moment a property is listed on the UK’s largest property portal Rightmove to the point it’s marked as officially ‘sold’ at the HM Land Registry.
In the PL33 postcode, out of the four tracked properties in the 12 months to April 2021, home sellers were waiting 136 days on average from listing to completion.
In the PL32 postcode, four home sellers were waiting 125 days from start to finish to sell their properties on average.
Property Solvers co-founder, Ruban Selvanayagam said: “Although buyer demand hasn’t waned over the course of the pandemic, the length of time for transactions to complete has certainly lengthened.”
“Operational activity has still pretty much continued, but the home sales industry — like many others — has had to learn to adapt over the last year. Many solicitors, mortgage brokers and other professionals in our sector have been working from home which has often resulted in administrative and other operational delays,” he continued. “However, with positive news around the vaccine roll-out, as more people gradually return to offices and agencies, we’re cautiously optimistic about things picking up over the course of the year.”