While many anticipate a slowdown in the housing market during the summer months, Wales is defying expectations.
According to Rightmove, sales agreed in Wales have risen by 15% compared to the same period last year, marking one of the strongest growths across the UK. This demonstrates that the Welsh property market remains robust, even as we enter the traditionally quieter summer season.
Is Now a Good Time to Sell?
Absolutely. In additional to the increase in the number of sales agreed, asking prices in Wales are also currently 2.4% higher than this time last year, indicating sustained buyer interest.
Strategic Pricing is Key
The number of properties coming to the market is currently 11% ahead of May 2024, giving buyers a wide choice of homes to purchase. With this increased competition among sellers, it's crucial to price your property competitively for a successful sale.
Our local expertise ensures that your property is priced appropriately and marketed effectively to attract the right buyers. Whether you're considering selling now or in the near future, our team is here to guide you through every step of the process.
If you would like to find out more about selling with us and to book your FREE market appraisal, please contact your local branch. You can even get a free instant valuation of your property online on our website 24 hours a day.
Sources - https://www.rightmove.co.uk/press-centre/busiest-may-for-sales-agreed-since-2021/
