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Sutton Coldfield Homeowners Pocket £5,877 a Year in Profit Since 2005 As we are now half way through 2025, it's certain the Sutton Coldfield housing market has been more restrained than the post pandemic 24 months of summer 2020 through to July/August of 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2025 and beyond. As I always say in my Sutton Coldfield property market updates, home ownership is a medium to long-term investment, so I feel...

PROPERTY MARKET UPDATE - NOVEMBER With the budget behind us, the local property market settled into a normal rhythm. Activity remained consistent, and we booked 205 market appraisals, received 226 offers and registered 696 buyers. As I write, there are 7840 properties for sale within the area we cover, and currently, 50% of them are sold, subject to contract. To put this into context, at the height of the property market in Covid time, 70% were sold subject to contract. This percentage then...

Welcome to our latest property market update. Nationally, compared to September, properties available for sale on the market fell slightly by 0.12%, and the number of new instructions also reduced by 7.17%, but sales agreed increased by 8.24%. Properties withdrawing from the market increased by 33.3%, and the number of properties re-listing with another estate agent fell by 12.35%. Mortgage approvals are now as high as they have been since August 2022. Locally, 49% of the 8132 properties...

On a national scale, the number of properties available for sale is currently 10.96% higher in quarter three of 2024 when compared to the same period last year. Using the same comparison, new listings to the market are 8.88% higher, sales agreed are 23.68% higher, price changes are 4.14% higher, properties withdrawing from the market are down by 7.70%, and properties re-listing (changing estate agents) are 28.53% higher. The sale agreed average asking price is currently £362,699 as opposed to �...

The Property Market Report. There is definitely more choice in the market for potential buyers than in the COVID years. This, combined with lower interest rates compared to a year ago, has brought more sellers to the market, which in turn has led to a higher number of sales being agreed upon. The number of sales was 25% up on August last year. However, we must not get too carried away. The market was still struggling with the hangover from the mini-budget and the peak of mortgage rat...