Blog Post

Sales head up while sale time heads down

TomS - Head Tom Simper Nov 24, 2020, 11:00 AM
200_Dataloft_Property_market_rollercoaster-01

Demand levels and sales activity remain buoyant in the UK housing market. Rightmove report agreed sales were up 50% in October, with properties selling (sold SSTC), in just 49 days, 15 days faster than a year ago.

Buyer demand across England was 49% higher year-on-year during the first six days of Lockdown 2.

The market is currently strongest in the higher price brackets. Year-on-year has been a 106% uplift in sales priced £400,000–£500,000 compared to just 16% for those priced £100,000–£200,000

Activity levels are also higher in the regions where average property prices are the highest, buyers set to make bigger stamp duty savings in these locations. Source: Dataloft, Rightmove (October 2020 v October 2019)

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Friendly and helpful. No problems everything ran smoothly as expected and professionally."

- David

"Great experience with Peter Anthony! Yaseen Hassan was professional, responsive, and incredibly helpful"

- Samuel Benedict

"A great company and great experience."

- Andrew

"Abby was prompt to respond to inquiries and very pleasant"

- Christian

"As a tenant, this might be the best agency I've worked with so far."

- Jeddy

"Keep it up the good work. I thank you very much"

- Richard

"Went above and beyond helping us secure a home, truly kind people"

- Anya

"I would like to thank Abbey for all her help and support she offered"

- Marie