Property market: 'sales agreed' up +22% on last year! ๐ŸŽ…

Property market: 'sales agreed' up +22% on last year! ๐ŸŽ…

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

And for the last time this year, here's Rightmove's House Price Index that shows number of sales agreed as +22% on last year! ๐Ÿค

๐ŸŽ„ New seller asking prices drop by a seasonal 1.7% (-ยฃ6,395) this month to ยฃ360,197, in line with the usual December monthly fall, with sellersโ€™ pricing power diminishing as Christmas approaches
๐ŸŽ„ Prices end the year 1.4% above December 2023, and Rightmove predicts that new seller asking prices will rise by 4% next year, with forecast mortgage rate drops set to further improve affordability and stimulate market activity
๐ŸŽ„ Despite the festive lull, activity remains substantially stronger than the same period a year ago, with the number of sales being agreed up by 22%, and new buyer demand up by 13%
๐ŸŽ„ Some movers are now waiting for the traditional Boxing Day bounce on Rightmove
๐ŸŽ„ Boxing Day 2023 saw a record number of new sellers launching to the market for that time of year, providing fresh property choice for buyers, while buyer demand jumped by 273% between the Christmas Day lull and Boxing Day
๐ŸŽ„ Rightmoveโ€™s real-time data also captures the impact of the looming stamp-duty deadline on March 31st 2025
๐ŸŽ„ Sellers of smaller properties in higher-priced areas are trying to beat the deadline to avoid higher tax
๐ŸŽ„ Prices are holding up best in the first-time-buyer sector, especially homes priced below the ยฃ300,000 threshold
๐ŸŽ„ Despite the signs of a stronger 2025, headwinds remain, with the impact of Budget measures being a challenge

For the full HP Report from Rightmove, click here for a PDF download ๐Ÿ“ฉ

Wouldn't it be good to know the value of your home in today's market? Contact Lisa (lisa.dahl@cavendishproperty.co.uk) for an up-to-date valuation (or complete the form opposite โžก๏ธ).

๐Ÿ“ธ Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential (pictured with Ali Baylav, Managing Director) ๐Ÿ“ธ

โ˜Ž๐Ÿ“ง๐Ÿ—จ

๐ŸŒŸ Instant online valuation (immediate response, 60-70% accurate)... Click here ๐ŸŒŸ
๐ŸŒŸ Remote consultant valuation (24-hour response, 80-90% accurate)... Click here ๐ŸŒŸ
๐ŸŒŸ Face-to-face visit (time to suit you, 100% accurate)... Email expert valuer lisa.dahl-parsisson@cavendishproperty.co.uk to get started ๐ŸŒŸ


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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

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