Great news if you're selling your home!
We know the housing market is extremely busy at the moment but what’s happening to prices? Well, if you are a seller, it’s great news. Not only has the number of sales surged but it’s also seen buyers taking no risks in losing their dream home. Douglas Allen have seen 31.3% of sales agreed across July, August and September, agreed at or even over the asking price.
The market is showing little sign of slowing down with plenty of new properties coming to the market every day, being met by high levels of hungry buyers.
"In over 33 years’ experience in the business, I cannot recall such an active market place.
In the East London and Essex areas covered by Douglas Allen, great prices are being achieved on a regular basis. So much so that 31.3% of all Sales agreed are at or in excess of the asking price.
One reason for this could be the Stamp Duty holiday we are all currently enjoying and the fact that the average price in the Douglas Allen area is circa £500k, therefore our purchasers are potentially getting the full benefit of the government incentive. That coupled with our unique mix of marketing that is clearly helping achieve Great Prices.
We are now getting ever closer to the deadline of 31st March 2021 so buyers need to act now to ensure that they benefit." - Rob Wade, Associate Operations Director
If you are interested in finding out how we are managing to get these results, then please get in touch today!