Christmas Wishes from Mullucks Wells

Christmas Wishes from Mullucks Wells

Those of us who have been connected to the property market for many years will have seen a number of ups and downs and there is no doubt it has been a challenging year. But, despite that, we are still putting a lot of properties under offer and are achieving, on average, 98% of the asking price. Rightmove statistics support this with high levels of instructions and sales, particularly over the latter part of the year.   

We are certainly experiencing a very price sensitive market but it is always worth remembering that it is the differential that is important. If you are selling and buying in the same market, what you lose on your selling price you are likely to gain on your purchase. 

The property market continues to be underpinned by the low interest rate and a steady supply of property for sale and we remain optimistic that the year ahead will see strong supply and demand and plentiful transactions. 

As always, we are here to help. Whether you are looking for a realistic valuation or advice on any property matter, we would be delighted to hear from you.

In the meantime, we wish you a very merry Christmas and a happy and prosperous New Year.

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