Average time to find a buyer is now 71 days - the longest at this time of year since 2019 due to optimistically-priced sellers.
Read MoreRightmove gets political, calling on Chancellor to cut Stamp Duty
The portal says regional property price variations make the current Stamp Duty system unfair, and calls on Jeremy Hunt to make changes.
Read MoreOverpriced homes being left on the shelf, says Rightmove
Portal says wobbly economy has created a 'two-speed' housing market but sales levels are beginning to recover.
Read MoreKnight Frank launches proptech portal for buyers and sellers
The consultancy says My Knight Frank will enable clients to track transactions including viewing and it is planning a similar service for landlords and tenants as well.
Read MoreValuation requests hit record high as market heats up
Rightmove says the number of sellers asking for a valuation of their property is up 23% on the same time last year.
Read MoreTenant affordability squeeze drives ‘lowest rental growth since 2019’
Average advertised rents outside of London rose to a new record of £1,280 per calendar month but was smallest increase since 2019.
Read MoreHopes for 2024 gather pace as buyer and seller activity jumps
Average new seller asking prices rose by 1.3% month-on-month to £359,748, the biggest December to January increase in prices since 2020.
Read MoreExclusive enclave Sandbanks revealed as Rightmove’s 2023 price hotspot
Average asking prices in Poole’s uber-affluent island and home to a number of celebrities, increased by 20% compared to 2022, from £1,586,349 to £1,909,943.
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