Why the time to sell is right now

Today's property market offers great opportunities...

Thinking of selling? Read this first...

We know that choosing when to sell isn’t an easy decision but there are certain trends to look out for. Is buyer demand high? What’s the trend with house prices? How’s the housing market in general? And what does all of this mean for you and your own sale? 

What we can say is we’ve had a record number of visitors to our websites this month, and the housing market is the strongest it's been for over a decade. 

Here, we break down some of the key stats and trends to help you understand why now is a great time to buy and sell.

Cost of a home predicted to rise for next five years*

The first thing to note is the skyrocketing level of buyer demand, fuelled by the search for more space and a greener lifestyle in Scotland. Recent research predicts that the average price of property in Scotland could rise by around 2% each year to a peak of £250,000 by 2027*. Around two-thirds of properties currently on sale are sold subject to contract. Are you making the most of this fantastic opportunity? 

High buyer demand but low supply of Scottish property

A lack of housebuilding in recent years has contributed to the situation in Scotland where there is an imbalance of supply vs demand. The average completion rate for new builds is running at just over 17,000 units per annum. There’s no doubt that if you’re looking to get the best price for your property, now is a great time to come to market.

House prices are rising across the UK. How much is your home worth? Find out with our 60-second instant valuation

House prices in Scotland are high

Average prices in Scotland grew by 5% during the first half of 2022*, while the highest growth in sales since 2019 were found in Aberdeenshire (up 38%), the Scottish Borders (up 24%) and Perth & Kinross (up 22%). Average prices have grown fastest in Inverclyde (up 44%), the Scottish Borders (up 39%) and Argyll & Bute (up 30%). A significant downturn is not currently expected in Scotland but mortgage rates and levels of unemployment will be key indicators for this.

Want to sell quickly? We can help with that!

Choosing a good agent to work with is key to ensuring your purchase runs smoothly and quickly. You don’t have time for delays and dilly-dallying.  

It’s important to choose someone that understands your local marketplace. They should have experience in the field and access to other property professionals. We can take care of the whole process and have all of the services you need under one roof – valuations, finding a buyer, speedy legal services and much more.

Take the first step to getting sold with a free expert valuation.

Thousands of people across the UK undervalue their properties.

https://www.rightmove.co.uk/news/articles/property-news/strongest-spring-housing-market-for-home-sellers-in-a-decade

https://www.rightmove.co.uk/news/articles/property-news/what-can-you-buy-for-the-average-house-price-in-your-region/

https://www.heraldscotland.com/news/homenews/20894039.house-prices-scotland-cost-home-predicted-rise-next-five-years/