Reflecting on the housing market from 2017 and what could be expected for 2018

As the year draws into its final quarter, we reflect on the activity within the housing market both locally and nationally. Prices achieved on property has remained strong, this has been due to a lack of housing stock available and favourable mortgage rates still on offer. Homes in the very best locations, priced realistically have proved to be most popular. Asking prices continue to rise, albeit at a much slower rate, giving sellers the confidence to bring their property to the market. On average we have achieved around 98% of asking prices for our clients, with an average time to sell of less than a month.

For the coming year, we envisage a steady flow of new instructions coming to the market with sellers being aware of the need for accurate pricing in a market place that is stabilising. It is vital that you canvass the opinion of the expert valuation team here at Bentons, to ensure the optimum result on the sale of your property, through our unrivalled advertising and bespoke marketing campaigns.