We've now had four full months since the Housing Market reopened and the first lockdown measures were eased. Although September is traditionally a busy month for the housing market, people thinking about Christmas in new home and the summer holidays come to end, 2020 certainly feels different, holidays have been cancelled or on hold and the UK is braced for a second wave of Covid and potential further lockdowns.
Its with sadness that we still hear of industries still struggling, some having to vastly adjust and all whilst the UK Housing Market is currently in full swing with property demand still high and prices seeming on the increase. We have found that demand has eased since we opened in June, however we are now seeing a new batch of home buyers and movers looking to take advantage of the Chancellors Stamp Duty Holiday and new found way of life in our county of Herefordshire.
Sales across the region were up 21% month on month, which certainly is a record, hitting a total of 380 through HR1 - HR6. It was actually 70% higher than September 2019! Astonishing, however we were still in the midst of Brexit talk last year.
New Properties to the market hit 384, this still not as high as the 405 in July, but up on previous month of August. New Properties were 34% up on September 2019, which when you compare that sales were up 70% (above), it really does show that buyer demand is outweighing supply again.
Here are your full numbers for September:
2020 | HR1 | HR2 | HR3 | HR4 | HR6 | Total | Y Change | M Change | |
New | 96 | 103 | 25 | 96 | 64 | 384 | 34% | 6% | |
Sales | 94 | 85 | 17 | 105 | 79 | 380 | 70% | 21% | |
PR | 43 | 34 | 6 | 50 | 36 | 169 | -12% | 18% | |
Available | 363 | 325 | 144 | 361 | 345 | 1538 | -10% | -1% | |
Views | 89 | 79 | 81 | 79 | 88 | 83 | 84% | 3% | |
2019 | HR1 | HR2 | HR3 | HR4 | HR6 | Total | |||
New | 60 | 76 | 23 | 64 | 63 | 286 | |||
Sales | 57 | 54 | Popular posts like thisI Wishby Nathan Jackman Smith(Your name) of (your company name) has some thoughts for property buyers and sellers who wish they could see into the future. Don’t you wish that just once you could have a sure fire tip about the perfect time to buy and/or sell Handling Property Market Ups & Downsby Nathan Jackman SmithWhat goes up usually comes down. Make sure you are prepared for the market whichever way it is travelling. Anyone caught by a fast incoming tide will know the feeling. The children have gone off exploring caves and rock pools, and... UK Rental Prices on the Riseby Nathan Jackman SmithExcluding London, the average rent in the UK is now £838pcm, showing an increase of 5.7% on last year, according to the figures. Nine of the 12 regions monitored by HomeLet showed annual growth in rental values between December... Coronavirus and Mortgage Lending UpdateNathan Jackman-Smith has teamed up with Maroon Mortgages owner Tom Donativo to give an update on what you can do for securing a mortgage during lockdown. There are some great options available for people looking to remortgage,... |
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