Sales Market
Buyer demand is still running well ahead of more “normal” market conditions back in 2019. The number of properties we sold in June 2021 was up 114% on June 2019 and the number of new instructions up 61%. The number of properties we sold during Jan-Jun 2021 was up by 38% on the same period 2019.
Since the market re-opened in Scotland last June, we have seen a huge increase in the number of people looking to move. Record low interest rates and the Land and Buildings Transaction Tax relief have helped many people to afford higher prices, satisfying pent-up demand for a change of lifestyle/location. We are regulalry receiving interest from several buyers per property, resulting in more closing dates, multiple offers and higher prices. There is also a notable increase in the number of cash-rich relocators from more expensive areas.
With demand strong and pricing high, now is a great time for homeowners to capitalise on these favourable market conditions, especially during these peak summer months when properties look their best and while many buyers will be looking to secure a move in time for the new school term in August. New landlords entering the market with quality properties will also benefit from strong tenant demand.
Rental Market
Overall, rental demand remains higher than the supply of rental property although, with the lifting of restrictions, we are seeing more movement with re-lets. As we’ve seen throughout the pandemic, the desire for a change of lifestyle and space is generating more demand for houses/bungalows outside of Perth in more rural locations. In terms of flats, demand is highest for higher end/quality properties and modern homes. The lack of supply in the sales market is also affecting the rental market as some buyers are forced into short-term lets until they find the right property.
January – June 2021: Top Selling Agent in the PH1 and PH2 Areas
According to official statistics from Rightmove, we sold more properties in the PH1 and PH2 areas than any other agent during the first half of the year.
June 2021 – Key Stats
- We sold 30 properties in June.
- We sold & listed more properties in the PH1, PH2 areas than any other agent covering Perthshire.*
- We listed 10 properties for rent and agreed 9 tenancies (more than any other letting agent covering Perthshire*)
- Sales comprised of 10 houses, 5 bungalows and 15 flats in locations such as Alyth, Auchterarder, Errol, Glenfarg, Newburgh, Pitcairngreen, Stanley and Perth itself.
- 90% of properties sold for full asking price or above, generating a total £5,748,234
- 17% of sales went to a closing date.
- We negotiated an additional £72,405 for our clients (an average of £2,413 above home report for each property).
- * Source: Rightmove
What our clients say about us
Testimonials
William & Sarah Waddell (Nov 2024) – “From their first visit to our home we knew we were in good hands with Katie & Alan. The overall experience was so much better than we could have imagined. We were well looked after by the entire team and always kept informed at every stage. They even solved our problem finding suitable rental accommodation after our quick sale with their innovative methods.”Sales Client | Stanley | 4 Bed Detached Villa | Sold in 11 Days Over Home Report
"From their first visit to our home we knew we were in good hands with Katie & Alan. Their friendly approach, genuine enthusiasm for our property and obvious knowledge of the current property market immediately put us at ease which helped us to decide if we were ready to proceed with our house sale. There was no push and they encouraged us to take time to think things over before going ahead.
The marketing was excellent. We had amazing photos, a virtual tour, drone footage, social. The customer service was exceptional. The friendly team went above and beyond in their efforts to ensure we were kept informed at every stage of the process. We received immediate feedback from viewers and they even solved our problem finding suitable rental accommodation after our quick sale with their innovative methods.
We were impressed by the research carried out on potential buyers and the immediate feedback obtained from them. The entire sale process was negotiated in a very professional manner.
The overall experience was so much better than we could have imagined. We were well looked after by the entire team and always kept informed at every stage. We would certainly recommend Premier Properties Perth to any of our friends looking to sell their property. Many thanks to the entire team. Their friendliness and professionalism were much appreciated."
Andrew Fairbairn (Nov 2024) – “Would recommend because you were knowledgeable and attentive and responded very quickly when required.”Sales Client | Forgandenny Road, Bridge Of Earn | 3 Bed Detached Villa | Sold At Home Report
"PPP were recommended to us. Excellent marketing. Seemed to generate a lot of interest. Really good communication, there were two or three people I could contact including Katie which was helpful. Communication on viewers was very quick and helpful. Advice on prices and offers was helpful.
Felt optimistic about getting the house sold. Would recommend because you were knowledgeable and attentive and responded very quickly when required."
Graham Lawson (Nov 2024) – “Selling a house can be a very stressful experience but I felt reassured and nothing was too much of a problem. I was kept updated and treated respectfully throughout the whole process.”Sales Client | College Terrace Methven, Perth | 3 Bed Semi-Detached Bungalow
"PPP made the effort to meet me quickly at the property, listened to my opinions and did not pressure me.
The property was well represented and I was given the opportunity to review and make a change. I was kept updated regularly and was given practical and realistic advice. When the negotiations were taking place, I was fully involved and my instructions respected.
Selling a house can be a very stressful experience but I felt reassured and nothing was too much of a problem. I was kept updated and treated respectfully throughout the whole process. Would recommend for the reasons given above."
Richard E. Welch (Oct 2024) – “We have experience of working with Premier Properties over several years and have been very happy with the service provided to us.”Sales & Lettings Client | Laurel Bank, Perth | 3 Bed Semi-Detached Villa | Sold in 1 Week Over Asking Price
"Have very good experience working with PPP Sales & Lettings departments and they know the market well. The virtual tour was done very well and the marketing covered every avenue.
Communication was always polite and courteous and the local knowledge and expertise was good. Always keeping us in the loop and providing regular updates.
We were offered advice when needed for deciding whether or not to go for a particular offer. Good, stress-free, process.
Would recommend - we have experience of working with Premier Properties over several years and have been very happy with the service provided to us."
Duncan Kennedy (Sep 2024) – “In our experience, the best agent in Tayside.”Lettings Client
"Truly professional leasing agency and completely up to date with Scottish Government legislation and all aspects of domestic property management. In our experience, the best agent in Tayside."
Lukasz Pilszak (Aug 2024) – “Fantastic job! Our house looked outstanding after you prepared it for market. You made our sale quick and you recommended a solicitor who did a very good and quick job. The best estate agency in Perth!”Estate Agency Client | 2 Bed Terraced Villa | Corlundy Crescent, Crieff | Sold in 1 Week Over Home Report Value
"Our Friend recommended PPP, also you gave a very good fee.
Fantastic job! Our house looked outstanding after you prepared it for market. Everything was clear for us and professional. Quick sale for us, first offer was very good so we accepted it.
We are very grateful to Premier Properties Perth, you made our sale quick and you recommended a solicitor who did a very good and quick job.
Would recommend! The best estate agency in Perth!"
Recent Posts
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Premier Properties Perth wins the prestigious Five Star Award for “Best Estate Agency Single Office – Scotland” in the UK Property Awards 2024 - Choosing an Estate Agent: why a realistic valuation is crucial to a successful sale
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- Join Our Team: Sales Negotiator
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