Buyer Demand Cools But Is Still As Hot As The Weather!
Buyer demand has cooled over the last quarter suggesting a slowdown in the market but still remains above pre lockdown levels.
The national hotspot index has gathered and analysed data of sold subject and under offer properties to determine whether its a buyer or sellers market!
So lets put this into weather terms! And see if its hot like this weather.
A sellers or buyers market is shown like these weather temperatures-
0 - 25degrees very cold = buyers market
26 - 34degrees cold = buyers market
35 - 49degrees hot = sellers market
50 - 100degrees very hot = best sellers market
Research has shown a fall in demand with the South West of the UK falling by 4% from 71% to 68%, but this is an extremely hot sellers market
Here in the North East we've got the second hottest weather in the county with a rise in demand of 2% meaning that its still the best sellers material!
So with this scorching weather and Sand Haven beach being awarded Best Beach in Brittan.
NOW IS THE TIME TO SELL
Don't wait until the weather cools down because so will the market.
If you want to move before Christmas you must instruct this month!
Call us today for a free valuation!