The Thanet property market has seen a significant shift, with available homes doubling since mid-2022. While buyer demand remains steady, supply has outpaced it, leading to longer sales times. This article explores the need for realistic pricing strategies for homeowners looking to navigate an increasingly competitive market.

• 437 of the 1,409 properties on the market in the Thanet area have had a price reduction in the last 3 months. • The average reduction has been 5.1% of the original asking price. • This is great news for Thanet home buyers and Thanet buy-to-let landlords, strangely Thanet house sellers as well.