Recent market reports have told of both lower asking prices and offers over the winter period, which has led to speculation that there may be another fall in the market. As it happens, we don’t think this will be the case and in fact, we found the figures quite reassuring. November and December are always a little quiet, so a slight drop is always expected. The market showed a 1.6% decrease over November and December, compared to 2.9% last year and approximately 1% in 2007, so it is well withing the normal parameters of the normal annual trends for this time of year.
We are still expecting recovery between now and February. But we need to tackle the stock issue - which is stock! Now is the time of year that we really need to get as much stock on as possible to boost both the market and prices. If you are thinking of selling, get in touch for a free valuation visit from one of our team. We’d be happy to help you spring into Spring!