👀 19 BUYERS CHASING EACH PROPERTY FOR SALE!! 🏃‍♀️🏃‍♂️ No wonder 37% of SALES AGREED are ABOVE ASKING price in August 🤝

📢 The HEADLINES from Propertymark's LATEST report: 🗞

✅ Supply of properties drop as demand increases to 19 buyers chasing each property for sale!! 🏃‍♂️🏃‍♀️
✅ 28% of sales agreed in August were to First-Time Buyers 👬
✅ This is the highest figure since June 2020 🥇
✅ 37% SOLD for more than the original asking price - the highest August on record 📈
✅ BTW: in August last year, the figure was just 13% - which means an increase of a staggering 185% ⚡
✅ Average sales agreed per Estate Agency branch = 9 🤝 (falling slightly from last month) 🔻
✅ Average number of properties available per branch = 23 (falling from 28 the previous month) 🏡
✅ This is lowest figure ever for August (previous low of 37 back in 2017) 😟
✅ Average number of house hunters registered per Estate Agency branch = 435 (up from 428 in July) 👨‍👩‍👦‍👦
✅ That's a 10% increase from August 2020 📊
✅ Which all means... 🥁
✅ 𝐓𝐡𝐞𝐫𝐞 𝐢𝐬 𝐚𝐧 𝐚𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐟 19 𝐛𝐮𝐲𝐞𝐫𝐬 𝐟𝐨𝐫 𝐞𝐯𝐞𝐫𝐲 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐨𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭! 😲

Comment from Nathan Emerson MNAEA MARLA MNAEA(comm) CEO at Propertymark:

💬 Enduring appetite amongst buyers, including the ongoing wave of new buyers securing first homes 🏠

💬 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 🔮

💬 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 🌳💻

📩 DOWNLOAD FULL REPORT HERE https://hood.azureedge.net/cavendish/site/861f8449-5a2c-4797-b6e9-93711b2d6260.pdf 📩

🙋‍♀️ 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 🦹‍♀️🦸‍♂️

☎📧🗨

#cavendishexperts #houseprices #houseexpert #houseforsale www.propertymark.co.uk #estateagent #firsttimebuyer #homeowners #housing

Cavendish Residential - Lettings and Estate Agent in Nottingham City Centre! Award winning - contact us today!