Manchester Property News
Window of opportunity for buyers
Tom Simper
Mar 19, 2024, 14:00 PM
The average price of a property coming to market has risen by 1.5%, compared to a historic average uplift of 1% for March and taking it to £368,118 (+£5,279).
This marks the third consecutive monthly price rise and is the largest uptick in 10 months, with increased demand pushing up asking prices.
However prices remain an average £4,776 below the May 2023 peak so buyers are sensing a window of opportunity.
Almost two thirds of agents (64%) say there are 3 or more prospective buyers for each property available. However realistic pricing remains key. Source: #Dataloft Poll of Subscribers, Rightmove. March 2024
About The Blog
This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
Manchester is one of the fastest growing markets in the country. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.
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