What's the market like at the moment?

Price records in all regions & sectors mark ‘full house’ for first time since 2007?...

• Prices are at record levels across all regions and all market sectors.
• Asking prices increased by 1.8% this month – the biggest October increase since 2015.
• The market remains strong despite the end of the final stamp duty incentive:15.2% more sales were agreed in September vs. 2019’s “normal market” comparison.
• More new properties are coming to market compared to summer, but demand still heavily outweighing supply – great news for sellers.
• Sell before you buy to avoid disappointment:Power buyers are in the strongest position in this highly competitive market – those with their property already sold subject to contract or who have nothing to sell.
• One agent’s analysis that 87% of their sales agreed were snapped up by buyers who were already in a position to proceed is fairly typical of reports from many agents.

So what does this all mean? In simple 'Dan' terms, if you are thinking of selling your property at the very least get it 'Market Ready'...the team at FreeAgent247.com would be delighted to help you with this process...

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