Vendors prioritise finding their next home before selling
Changes in the local property market for York & Selby has presented some interesting trends. Read more from our local branch managers below.
Insights for York
The York property market continues to thrive largely down to staggeringly low levels of stock. At the time of writing, the available stock currently marketed on Rightmove, one of the best indicators we have, shows 1,886 properties for sale. The interesting thing is that only 920 of the 1,886 are available to buy as the remaining 966 are sold subject to contract or under offer.
With interest rates remaining low and consumer confidence high the number of buyers continues to outweigh the amount of properties available. With this in mind we still continue to see reluctant vendors who are deciding to wait for the right home to come available before marketing their own.
At Preston Baker York we have been proud to represent our clients with not only a strategy for selling their home but finding the next one too! The coming months will be interesting as we see a lot of homes coming to the market eagerly waited on by a queue of buyers.
With the help of Preston Baker financial services we have specific buyers in a range of price bands registered and eager to view. Please get in touch with the team here at York to see how we can help you achieve your move.
- Jodie Hoggarth, York Branch Manager. Contact Jodie here.
Insights for Selby
As we move in to the spring housing market we are expecting good numbers of new and exciting properties to be coming to the market.
It is a great time to think about moving as we have been experiencing high numbers of new buyers registering with us at Preston Baker in Selby. In the Selby area - as in York we have been experiencing a general shortage of new housing stock over the past month. Why not take advantage of the current conditions and sell your property for the best possible price? Get in touch and we'll be happy to help.
- James Danbury, Selby Branch Manager. Contract James here
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