30 Jan 2017

Perth property market update: Spring 2017

Perth property market update: Spring 2017

What's the Perth property market looking like this spring?

Although we have just about through January, the Perth property market has sprung into life before the traditionally busy Spring market - with plenty of buying and selling activity.

Figures from our busy High Street Perth branch show a record number of houses coming to the market with us this January compared with previous years.

Given the relatively good winter weather there is every sign that this early interest in selling will continue into the Spring market.

Analysis

James McKay, Perth Branch Manager, explains: “This January has been extremely busy for viewings and valuations.  These are both good indicators to judge how the market will perform in the coming months. 

"The fact that many Perth home owners are thinking of selling demonstrates an interest in the market, and volition to sell up sometime soon.  I can see the spring market being very busy with fresh houses to the market, which in turn attracts buyers to view.”

“Our viewing numbers have been incredibly high so far this year.  Buyers are showing that they are eager to see what houses are available even at this early stage in the market.

"I am sure this keenness to view will only grown as more houses come to the market in Spring."

Good time to sell?

James believes there has "never been a better time to buy in the last 20 years" in Perth. 

He added: "With record low interest rates, and houses prices remaining stable, buyers can enter the market knowing they can secure a competitive mortgage rate, and buy at a realistic price compared to the home report valuation. 

"Perth has not seen the steep rises and falls seen in many other Scottish location.  The Perth market is stable and I can see no signs of that changing in the coming months”

Perth property experts

If you are looking to buy, sell or lease property, Aberdein Considine can offer you the support of some of the most experienced property professionals in the country.

And for a limited time, we are offering sellers a FREE HOME REPORT, saving them hundreds of pounds.

We are also an independent broker of mortgages and can offer home loans without any hidden fees.

If you would like to speak to a member of our team, call 0333 0066 333 or click here.

* Your home may be repossessed if you do not keep up repayments on your mortgage

 

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