Sellers’ market as Sheffield property prices stay high
A lack of supply throughout the last quarter of 2015 has resulted in prices remaining strong in Sheffield and the local climate feeling very much like a “sellers’ market”. Buyers across Sheffield have noticed a restriction of supply, with relatively few good-quality houses arriving on the market. This effect is especially noticeable in the affluent south and west of the city, where family houses are in particularly short supply. As with any market, when demand outstrips supply, prices rise – and we have seen the result of this across the market in the Steel City over 2015.
Our unique Property Launch strategy is helping sellers achieve the very best prices for their homes. It’s also establishing strong, often record-breaking prices in the most sought-after areas.
The rental market hasn’t escaped the effects of this dearth of supply either, with properties now being let in just days, rather than weeks. If you are thinking of selling or letting a property in Sheffield, there has never been a better time to do so.
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