£10M Boost for Perthshire Property Market
Published on 31 March 2017
Perthshire property experts are revealing an increase in over £10M in sales compared to this time last year.
Perthshire Solicitors Property Centre (PSPC) member firms have sold almost £33M worth of homes so far this year, a significant increase on this time last year, when the combined value was just over £22M.
The number of properties going under offer has also increased, as have the number of new properties coming onto the market – 265 in the first quarter of the year compared to 193 this time last year.
Having sold a total of 181 properties since the turn of the year, the average price tag achieved by PSPC member firms is sitting at £181,473. Looking at this time last year, the average property was going for £163,409.
As is traditionally the case, March was the best month for sales, as member firms welcome the onset of Spring.
Anne Begg, Manager, PSPC said, “We are absolutely delighted to see, in black and white, the marked increase in sales compared to the first quarter of 2016, and the significant increase in the average price tag compared to this time last year. With Winter well and truly behind us, it’s not surprising that March performed particularly well with 82 properties sold at a total value of over £15M. We hope that the market continues to improve as we head towards the Summer months, or at least retains the current stability we are enjoying.”
Mrs Begg continued, “Having been the market leaders when it comes to property for many years, selling more homes than any other local network, we can say with authority that Spring really is the prime time to put your property on the market. With a ‘Help to Buy’ open morning taking place within the centre on Saturday 8th April, there are also some financial incentives which prospective buyers are unaware of, so we’d urge anyone considering a move to pop in to PSPC between 10am and 1pm on that date to hear more.”
“As is often our advice, our message to anyone on the verge of putting their home on the market is to be realistic about the price they are likely to achieve and see their Home Report as a guide. By making a little effort to prepare your home for sale rather than simply assuming that it will sell in its current form, your property should shift and, with lots of interest out there, hopefully sooner than you expect!”