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OCTOBER MARKET REPORT

We are pleased to report our continued success in all price ranges, largely attributed to specific open day marketing, which has been welcomed by vendors and purchasers alike.

Although applicant registration is down on last October, with less property coming to the market property prices have continued to rise.

Property below £250,000 is still very active, this is helped by not only first time buyers and investors but by significantly reduced stamp duty levels. With 9 properties sold in this price range in October, 7 have exceeded the price guide, clearly showing the market strength.

Properties over £300,000 have slowed slightly, with average marketing times increasing from 14 to 23 days.

As we move nearer to Christmas, tradition tells us the market will slow down, but having enjoyed a successful year we are busy moving clients into their new homes.

As ever, if you are thinking of buying or selling now or in the not too distant future, then please contact us at Barons, and we will be delighted to offer you any advice or point you in the right direction.

Enjoy November!

Report By Matthew Thompson.


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