đ 19 BUYERS CHASING EACH PROPERTY FOR SALE!! đâïžđâïž No wonder 37% of SALES AGREED are ABOVE ASKING price in August đ€
đą The HEADLINES from Propertymark's LATEST report: đ
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Supply of properties drop as demand increases to 19 buyers chasing each property for sale!! đâïžđâïž
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28% of sales agreed in August were to First-Time Buyers đŹ
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This is the highest figure since June 2020 đ„
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37% SOLD for more than the original asking price - the highest August on record đ
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BTW: in August last year, the figure was just 13% - which means an increase of a staggering 185% âĄ
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Average sales agreed per Estate Agency branch = 9 đ€ (falling slightly from last month) đ»
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Average number of properties available per branch = 23 (falling from 28 the previous month) đĄ
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This is lowest figure ever for August (previous low of 37 back in 2017) đ
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Average number of house hunters registered per Estate Agency branch = 435 (up from 428 in July) đšđ©đŠđŠ
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That's a 10% increase from August 2020 đ
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Which all means... đ„
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đđĄđđ«đ đąđŹ đđ§ đđŻđđ«đđ đ đšđ 19 đđźđČđđ«đŹ đđšđ« đđŻđđ«đČ đđŻđđąđ„đđđ„đ đ©đ«đšđ©đđ«đđČ đšđ§ đđĄđ đŠđđ«đ€đđ! đČ
Comment from Nathan Emerson MNAEA MARLA MNAEA(comm) CEO at Propertymark:
đŹ Enduring appetite amongst buyers, including the ongoing wave of new buyers securing first homes đ
đŹ Lifestyle changes are still prevalent, and buyers are now looking to a future which is very different from the one they envisioned two years ago đź
đŹ The search for green space, home offices and more flexible living is a trend that is unlikely to see demand diminish before the new year đłđ»
đ© DOWNLOAD FULL REPORT HERE https://hood.azureedge.net/cavendish/site/861f8449-5a2c-4797-b6e9-93711b2d6260.pdf đ©
đâïž All these BUYERS with the means to purchase at RECORD LEVELS - WONDERING how much your home would sell for?
Get in touch, our EXPERTS will let you know đŠčâïžđŠžâïž
âđ§đš
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Posted 20 September 2021
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