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
"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."
"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!"
"After comparing several estate agents I felt comfortable that Premier would ensure a quick sale and would get the best price for my property. I was very happy with all of the elements of the marketing
The customer service was excellent. I found all staff members very helpful. It suited me well that Premier carried out all of the viewings and not only found a buyer quickly, but also secured a good price for me.
I was impressed with the service from start to finish. I would highly recommend. The whole process was easy, and I did not feel under any pressure at all to accept the offer received."
"Chose PPP because of good reputation and lovely staff. I thought the way it was marketed was great, the photos and listing really did the property justice. Eleze was great through the whole process, made my life very easy I never had to ask many questions. Everything was very clear and concise.
Very good, no issues at all. Felt at ease, everything was taken care of, I was informed at each stage and it simplified the whole process for me. Would recommend highly. PPP are good at what they do and Eleze was fantastic."
"I was very happy with the marketing of my Mum’s house. My mum thought the virtual tour made her house look very grand. I received plenty of emails informing me of buyers visits and comments. Very happy with everything. As I had never sold a house before I was very anxious about the process however everything went smoothly and I had no need to worry.
Would definitely recommend. Everything was taken care of by all the staff and explained to me as the sale progressed. Very good experience."
"Recommended to us by a family member. Efficient and Helpful staff. Very satisfied with the marketing and customer service. We were happy with the outcome of our sale and everything involved. No problem recommending P.P. as we were satisfied with the work they put into selling our property. Many thanks to Premier Properties and all their staff for handling our property sale quickly and efficiently. We are very grateful for their dedication and efforts they put into making the sale."