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⌚ AVERAGE PROPERTY SALE AGREED at just 36 DAYS - that's the QUICKEST EVER!! Mass market sees more RECORD PRICES whilst upper-end COOLS 😎 Download FULL Rightmove report below 📩

✅ Average price of property coming to market this month is £337,371 (down from £338,447 last month) âŦ‡
✅ In the East Midlands, we're up +6.9% in last 12 months - our average asking price £258,374 🚀
✅ Average time for property to be marked sold is quickest ever at 36 days (34 in East Midlands), which is a whole month faster than in February 2020 before pandemic ⚡
✅ Overall average price of property coming to market falls by -0.3% (-£1,076) this month đŸ”ģ
✅ This is driven by a -0.8% drop in the upper-end typically 5+ bedroom sector 🏡
✅ In contrast, new record price highs in 1 or 2 bedroom First-time Buyer-type properties, up by £1,328 (+0.6%) âŦ†
✅ Second-stepper 3 to 4 bedroom properties, up by £975 (+0.3%), where activity remains very strong đŸ’Ē
✅ These sectors are less affected by withdrawal of Stamp Duty incentives ⏹
✅ In first week of August, buyer enquiries up +56% on same period pre-Covid 2019, and down by just -17% on frenzied post-lockdown 2020 numbers 📊
✅ This snapshot also shows number of sales agreed is up by +9% on the same period in 2019 🤝
✅ Available stock still at record lows, with buyer demand hoovering up new supply leading to more properties selling, and selling more quickly 🏎
✅ There is a continued need for these low stocks to be rebuilt in order for price stability to return ⚖
✅ Rightmove predicts there will be an autumn bounce in both seller activity and prices ⛹ī¸‍♀ī¸

🔍 DOWNLOAD FULL REPORT HERE: https://www.rightmove.co.uk/news/content/uploads/2021/08/Rightmove-House-Price-Index-16th-August-FINAL-NE.pdf 


🙋‍♀ī¸ 𝗛đ—ŧ𝘄 đ—ē𝘂𝗰đ—ĩ 𝘄đ—ŧ𝘂𝗹𝗱 𝗮 đ—¯đ˜‚đ˜†đ—˛đ—ŋ đ—Ŋ𝗮𝘆 đ—ŗđ—ŧđ—ŋ 𝘆đ—ŧ𝘂đ—ŋ đ—ĩđ—ŧ𝘂𝘀𝗲 đ—ļđ—ģ 𝘁đ—ŧ𝗱𝗮𝘆'𝘀 đ—ē𝗮đ—ŋ𝗸𝗲𝘁❓ Contact our EXPERTS đŸĻš‍♀ī¸đŸĻ¸‍♂ī¸ and we'll let you know 👍

☎📧🗨

#cavendishexperts #houseprices #houseexpert #houseforsale Timothy Bannister

Property to rent in Nottingham - BEST LETTING AGENCY in Nottingham

Posted 19 August 2021
by Ali Baylav Managing Director Cavendish Residential

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