Sales Market Update Spring 2024

22 May, 2024

The market has continued to improve at pace and the market conditions are very different to those of last year. It appears that the prospect alone of reducing interest rates rather than the actuality has offered enough confidence for the public to vote with their feet and to transact in their numbers.

All key performance areas have increased, with Market Appraisals, Instructions, Viewings and Sales Agreed all significantly up on last year. It feels to me that the market place is a good one for applicants wishing to purchase a property, with a fair choice of properties to look at  in most of the areas that we cover, unlike the serious shortages that we have seen in previous years. Unfortunately there is a supply and demand issue with those wishing to rent.

Overall, the current outlook is very positive, so if you are thinking of buying, selling, letting of renting please contact your nearest office or request a valuation.

Mark Gilbert
Managing Director