Sales surge pushes new-to-market prices prices to record high!

Sales surge pushes new-to-market prices prices to record high!

Published 16th March By Claire Fenton
minute read
Average new seller asking prices hit record high of £312,625 pushing annual price growth to 3.5%.

Record prices fuelled by strong buyer demand and lack of supply compared to the same period a year ago:  
                    - Number of sales agreed up by 17.8%, to the highest at this time of year since 2016
                    - Properties selling an average of 6% faster nationally, and 18% more quickly in London
                    - Disparity between supply and demand as new seller numbers rise by just 1.2%
                    - Rightmove recorded five busiest days ever in February


 

Similar news

Request a valuation

Unlock the true value of your home today! Whether you're considering selling, remortgaging, or insuring your property, an accurate valuation is your first step towards making informed decisions. Contact us now to schedule a professional valuation of your property.

Book a Valuation
Request a valuation
× Share this page:

Tenant Info for branch