"The proportion of asking price achieved has moved down to 93.0%. While the average time on the market remains the same at 9.5 weeks, although there are major regional variations across the country."
Time on market and % asking price achieved
"The balance between supply and demand leads underlying house price changes by 3 months. The improved balance over the first half of 2011 lead an improvement in the underlying rate of growth."
Supply demand balance leads price changes by 3 months
"Figure 3 shows the average time taken to sell a property by region. In August the East Midlands recorded the longest time taken to sell - 12.7 weeks, while London registered the shortest time at 5.4 weeks."
Average time on the market across the regions - weeks