January State of the Property Market

Posted: 23rd January 2018

For the first update of the year, things are looking up for the Scottish housing market, according to Rightmove. With the shortest average time to sell (only 55 days, compared to 78 in the Greater London area for instance) and a positive trend in property value compared to last year (property prices have increased by 4.5% overall in Scotland, compared to January 2017), we continue to look at a sustained growth trend for the local property market. (source)

And that is exactly what it looks like from our Clarkston and Newton Mearns offices. Numerous keen buyers are looking to buy a family home in the area, while stock is struggling to catch up with demand. We are busy for this time of year fielding enquiries from many active buyers who want to move into a new home in 2018.

You might think winter is traditionally not a good time to sell property, but because of the availability and mobility of Internet, buyers’ behaviour has changed in recent years. Property searches spike during the holidays with Rightmove reporting a busy start to 2018, with visits up by an average of over 9% so far in January compared to same period last year, averaging over 4 million visits per day.

That overall indicates a strong start to the year and East Renfrewshire is definitely not an exception to this. We see daily requests for 3, 4 or 5 bedroom properties in Clarkston, Eaglesham, Giffnock, Newton Mearns and Whitecraigs area.

If you think of making 2018 your moving year, get in touch with our local teams and we will get you moving!

 


Whatever your reason for moving; whether it's for extra space, to downsize or you may simply have found your dream home, Nicol can help. Our knowledge of the local property market helps us develop a marketing plan that's right for you and your property.
We want our clients to be delighted with the service we provide. Listening to your needs and understanding your requirements is our starting point. To find out more about our approach to selling homes, download our comprehensive Guide to Selling your Property here.
If you are planning on selling your home, contact Nicol Estate Agents today for an appraisal of your property. Our Managing Director Douglas Nicol and Estate Agent and Valuer Daniel Cohen carry out hundreds of market appraisals every year, giving them an intimate and unparalleled knowledge of the property market in Glasgow, from city centre apartments to family homes and building plots. We will talk to you about the property market in your area, compare sales evidence, local demand for similar properties, outline our tailored marketing plan and provide details of our sales support strategy right through to completion.