Spring has arrived
Although there were recent headlines describing low stock volumes, we have begun to see a definite increase in the numbers of homes coming to the market as spring has sprung.
In fact, according to Rightmove this is the strongest spring sellers’ market they have ever seen in several metrics. The average price of a property coming to the market nationally has reached a record high, and there is also the biggest mismatch between supply and demand for this time of the year every measured, with more than twice as many buyers as sellers. From this the chances of finding a buyer within the first week of being marketed is at it’s highest ever too. Rightmove have stated that almost half (47%) are reaching sale agreed with the first fortnight. What a great time to sell your property!
What does this mean if I am looking to purchase a property too? We would recommend to register with an Estate Agents like us to ensure you get notified of any properties that will be suitable for you. By registering with us, this will ensure that you get the heads up before it reaches the property portals.
A message from Nikki
Spring has arrived! Over April we have been blessed with beautiful blue skies and sunshine which has definitely put everyone in the summer mindset (I know it has for me!). This month has flown by with busy schedules for the team. From completions, take on’s and properties going under offer it has been non stop!
Spring has always been the ‘classic’ time to launch properties. Over the last couple of weeks we have seen more properties being brought onto the market and the continuation of applicants contacting us. The market is still going strength to strength and our South Hams ‘bubble’ is still going strong in sales, lettings and commercial.
Over the Easter bank holiday weekend, as a team we threw a surprise hen party for our lettings manager Jo. We were so lucky with the sun making an appearance which enabled us to enjoy amazing bakes from Sarah and her Mother in the garden. Jo had a fabulous wedding day with her Husband, friends and family. All the girls from Charles Head wish the happy couple all the best.
This has been a month to remember but this is only the start of a very exciting year!
Nikki x