Brief summary of the current market:
- Property coming to the market increases by 0.3%
- 7.6% higher than in January 2021
- Low numbers of available properties
- The number of buyers have increased by 15%
- Stock levels have decreased across all estate agencies, they're now down to single figures
- Valuation/ Market Appraisal requests have increased by 44%
- National average asking prices are now 7.6% higher than this time last year
- Properties are still being snapped up really quick
- 15% more enquiries for estate agents to deal with
- Most of estate agencies stock is sold
Stats from Rightmove
