Herefordshire Property Market Update March 2020

It’s strange the difference a couple of weeks can make.  Waking up in the morning and everything looks the same, except it isn’t really is it?  
Life for many is on hold, whilst we focus on what really matters.  Staying at home, protecting the NHS and saving lives.

March became a month of 2 halves for the Herefordshire Housing market. Before COVID-19 took a grip in the UK and after.

With Brexit talk and the media now concentrating on other stories, the start of March produced the post brexit property bounce as previously discussed, however things were about to change from March 14th, then even further when lockdown happened on March 23rd.

Here are your figures for March across the county!

Im never usually one for discussing negative turns, but simply in this situation we have to. Overall the stats from Rightmove Intel show there was a severe decrease year on year across the board, except with price reductions. This is an even harder pill to swallow when most of the activity stopped around mid March.

HR3 seemed to have the best activity for the county, severley needed with the lack of sales over the years in this postcode sector.

The main area as concern for clients selling is the property views per day, simply down by 32% on average. This means less people looking at your property daily, we understand that to some at the moment, looking at and thinking about houses is simply not a priority, but agents are hopeful that keeping properties on the market will help a client sell in the long turn if we get back to some normality in May and beyond.

If you are thinking, or needing to sell in 2020, please get in touch. At Jackson Property we are here to help get you moved. All of our clients receive a bespoke, tailored moving plan which is designed to help you achieve the best price for your home. We will be lookng at and investing in new technologies to help maximise the audiance and ways of viewing your property online.

Local People, Expert Knowledge, National Marketing