Market Review – Summer 2023

June is here. So, it is time for us to bring you our Property Market Review for Summer 2023. Read on for our market update.

Market Review – Summer 2023

As temperatures heat up for summer, if you’ve been reading recent headlines, we would forgive you for thinking that the property market might never reach anything other than tepid. But it’s important to remember that people will always have reasons to move house, whether upsizing, downsizing, or relocating. Furthermore, the property market has historically shown long-term resilience in adversity.

With thirty-five years of combined estate agency experience under our belts, we have navigated the highs and lows of our industry throughout our careers, including through the 2008 economic crisis. However, as your property partners, we firmly believe in open and honest conversations. We know our clients appreciate frankness, and there’s no denying that as the average two-year fixed-rate mortgage rises above 6%, the market may take slightly longer to settle than some previous predictions.

That said, after last year’s ill-fated mini-budget and the subsequent turbulence, we have seen a modest upturn in monthly sales and transactions and some signs of stabilisation in our local area.

Gathering your team:

If you are considering selling, it’s not all doom and gloom; your buyers are out there. But having the right team by your side has never been more critical; this means a team with experience. When you list with us, you (and your buyers) will always deal with Helen and Becky.

As your property partners, we’ll offer honest advice helping to position your property at the right level within the current market. Engage us early in the process so we can help you address any issues before they become problems and advise you on getting your paperwork in order before a sale.

We’ll also conduct complex negotiations and maintain excellent communication with all parties. This formula ensures we progress sales to a successful outcome and deliver outstanding results.

So, if you’re considering selling, let’s have a conversation. Over the past twelve months and in challenging times, we have achieved the asking price in 99.9 % of sales. We believe that speaks for itself. But we’d love to tell you more about how we can help you move or sell.