We’ve been regularly asked over the last month or so, since the Brexit vote, how is the market? It’s obviously a hot topic for most people, with homes and property investments often of primary concern when looking at the financial implications of such an event.
It is still very early to fully evaluate the implications, in fact it could be some years before we are able to review the true impact one way or the other. Locally, we’ve generally seen a continuation of the market conditions that we were already experiencing in the lead up to the referendum. New instructions to the market place remain at a premium and if priced correctly, usually generate good levels of interest with many sales being agreed within the first few weeks of marketing.
In some cases recently, we’ve seen properties sell within a day or two of listing. This is typical of a market with limited supply for certain types of demand. However, as my colleague wrote last week, different types of properties and varied price ranges can perform better than others at certain times of the year, making it quite challenging to reflect on the impact of such an event in a short space of time.
In short, for those thinking of selling, our advice is to act when it is right for you and get your house on the market without delay. It is sometimes easy to over analyse when is the best time to sell. There could well be a buyer out there (registered with Aldreds, or course!) just waiting for a house like yours to come on to the market.
So, if you are considering a move, we’d be delighted to offer you a free market appraisal and happy to discuss the best route forward for the marketing of your property. Just give any of our sales offices a call and we’ll soon arrange for one of our experienced property valuers to visit you.
