Record Numbers of Buyers on Rightmove in February

Posted: 6th March 2018

With the snow and disruption caused by the Beast from the East, you may be putting off listing your home on the market until the spring, traditionally when the housing market gets a boost in activity after the winter. However, it is worth noting that lots of people spend the winter months looking at property listings online.

In fact, Rightmove recently shared figures showing that the online property listings site has had it’s busiest couple of months ever since the turn of the new year, with house-hunting visitors to the site reaching a huge 141million in January 2018.

Not only are increasing numbers of people searching for new property on Rightmove but there are more sellers listing their homes to buy online too, with the number of properties coming onto market up by 2% on last year’s figures.

However, the picture across the country is still one of demand outstripping supply in most places, leading to slight but steady increases in house prices. Again Rightmove reports that prices of property coming to market are up by an average of 0.8% (+£2,414), indicating the climate is in favour of those looking to sell. They also report that the year-on-year change in number of sales agreed has made a slight recovery from -5.5% in Q4 2017 to just -1.6% in January 2018.

At Nicol, we agree that this can be a great time of year to get organised and put your property on the market. Winter is a quieter time for social activities for many, with more time spent indoors on our laptops and tablet devices during the dark nights and poorer weather. New Year is also a time when people start making plans for the year ahead, including any plans to sell up and move to a new home. In addition, with good interest rates and mortgage deals on the market, many people are looking to get a first step on the property ladder or make a move to upgrade.

In East Renfrewshire we have had a busy start to the year at our Nicol offices, with many sales and lets agreed for great prices and with short periods on the market. We have been busy in both our Clarkston and Newton Mearns offices taking enquiries from many people actively looking to buy in the area, with the current issue being lack of available stock struggling to match demand.

We urge people to seize the opportunity this seller’s market presents and start putting the plans in motion to get your property listed sooner rather than later as we head into March and the beginning of spring looms, with more seller activity expected as the season changes. Get in touch today to ensure you are ahead of the game and make your 2018 property dreams a reality!

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.