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The local property market - May week 2

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15 May
May 15
15th May 2021

Despite a slight increase in the level of New Instructions over the last week or so, we are still struggling to satisfy demand. All property types are creating interest with multiple viewings, offers, and in many cases selling for more than the asking price. Over the last six weeks, new instructions to new sales are running at 106%! On average, we have registered 311 new buyers every week over the same period.   If you are thinking of selling, please consider the service you will receive. There is far more to selling a property than the agents recommended asking price and their sales fee. We urgently need more homes to sell; please call us on 0121 296 1400 or scan our QR code to see what ...

The local property market - May week 1

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10 May
May 10
10th May 2021

Following the bank holiday, we re-opened to a high level of enquiries from multiple buyers for all property types, which continued throughout the week. New instructions to the market and sales valuations were also strong, which is great to see and just what we need in this buoyant market. This week we registered 281 potential buyers, booked 306 viewings and received 98 offers. There is an increasing level of properties receiving multiple offers, which then sell for more than the original marketi...

The local property market - April week 4

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4 May
May 4
4th May 2021

Once again, activity held up well over the week. We registered 304 applicants, booked 365 viewings and received 98 offers. Many property types are selling quickly, and in some cases, multiple viewings are arranged, multiple offers are received, and selling for in excess of their asking prices.   Overall, April was a busy month with front end activity buoyant. After a very successful March, we expected completions to continue at a similar rate, but unfortunately, the conveyancing process remai...

The local property market - April week 3

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24 April
Apr 24
24th April 2021

It was another busy week with many new instructions generating multiple viewing requests and multiple offers. In total, we registered 295 new potential buyers, booked 360 viewings and received 96 offers.   All property types are generating interest, and there remains a shortage of properties coming to the market. If you are thinking of selling, now could be a perfect time to take advantage of the current buoyant market place.   Do you have a similar property that you are thinking of sellin...

The local property market - April week 2

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17 April
Apr 17
17th April 2021

On Monday of this week, lockdown restrictions eased, the sun came out, the beer gardens were packed, and incoming calls reduced! On Tuesday, activity returned to normal and remained consistent throughout the remainder of the week 😊Although the majority of homes are selling quickly, we are finding, via software that we use, that many homes have remained unsold for a good number of weeks. One example was a property in Calder Drive. We initially carried out a sales valuation in October 2020. The...

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