With the property market stirring again and buyers being tempted back into the marketplace, the typical selling time of property has reportedly reduced. 

This information will be welcomed by sellers looking for a quick sale to release equity or reluctant landlords wanting a quick sale as not to miss out on rental income.

Home, a search engine which gathers data from a variety of sources including portals and estate agents' own websites, reports that the time on market was 184 days in May - a record high - but has now reduced down to 129 days. 

Encouraging  news, particularly for those previously seeing their homes stay on the market for nearly a year .  According to the 'Times'  newspaper,  the worst affected areas were in Wales where the average time a house spent on the market  reached over 300 days.

Although the selling time has decreased from what it was, it is still a very high figure compared to the peak of the property boom in Summer 2007 when the average time taken to sell a property was just 50 days.  What the figures do suggest, is that market confidence is looking up.