'Tis the Season to Sell

Market Update | January 2022

This winter, buyer activity remains very strong and, although the number of new customers registering has dropped a little, buyer interest in November alone has seen a 9% increase compared to the same month last year.

The increased demand is still chasing the fewer properties coming onto the market, which has been a narrative for most of 2021, and the lower stock levels are likely to be a trend that continues.

Whilst sale numbers have started to drop, this is only a result of fewer available properties coming onto the market, with just over 20% fewer instructions in November. For many customers, trying to find that ideal home has become a real headache.

If potential sellers take the plunge to get their property ready to market, potential buyers can recognise there are opportunities out there, it’s just that the properties aren’t readily available. So, the more sellers that can get themselves ready would encourage other sellers to do the same thing, thereby taking some of the pressure off the decreased stock levels.

The knock-on effect on house prices is quite significant. The average sale price across the Arun region in Q3 was £366,000 and, by November, this had risen to an average of just under £382,000 – representing a 4% increase over the last couple of months.

So, if you’re thinking of moving forward in the new year, there’s no time like the present to start planning and, with Market Ready, we can prepare your home for a quicker sale when the right home does come along – find out more about this fantastic, pressure-free option here!

Until Next Month, 

Aldo Sotgiu 

Group Managing Director

Until next year,

Aldo Sotgiu

Group Managing Director