October Property Trends: A Market Finding Its Balance 🏡

As we settle into October, the property market shows a nuanced shift, offering unique opportunities for both buyers and sellers. Here’s what’s new…

Average Asking Prices Rises by Only 0.3%📈 - A small rise in the average asking price compared to what we usually see.

New Listings Increase by 12%🏠- More properties are entering the market, with a 12% increase in available listings compared to this time last year.

Estate Agents See Highest Stock Since 2014⬆️ - Agents are managing the largest inventory of properties in nearly a decade, offering buyers a broader selection.

Time to Sell: 68 Days⌚️ - Properties are currently taking an average of 68 days to secure a buyer, reflecting a slightly slower pace than last month.

What do these changes mean for your property plans? 👀

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