Sales Market

The housing market in May continued to move at pace with sustained buyer demand and constrained supply putting sellers in pole position.

Although the volume of listings and sales in May was down compared to record breaking April levels, properties sold quickly and prices remained strong.  We sold 20 houses and 7 flats, with 3 bed houses accounting for 40% of overall sales. 

On average, each property attracted 7 viewings, with several receiving upwards of 10 and the right properties in the right locations typically selling in a matter of days.  The number of sales going to closing dates was up on April and we negotiated above asking price values for 89% of properties (6% more than in April).

With the pandemic placing a greater focus on the home and prompting households to review how and where they live, we are seeing an increase in buyers from other areas of the country, such as Edinburgh, which is also placing upwards pressure on prices.

Sellers who are in a position to put their properties on the market now will benefit from considerable pent-up buyer demand which is continuing into June.  There is also a significant number of potential buyers who have sold their properties and are temporarily living in rented accommodation until they find the right property to purchase. 

Key Stats

  • We sold 27 properties in May.
  • Sales comprised of 15 houses, 5 bungalows and 7 flats in locations such as Auchterarder, Bridge of Earn, Crieff, Newburgh, Scone, Stanley, Tibbermore and Perth itself.  40% of sales were for 3 bed houses.
  • 85% of properties sold for full home report value or above.
  • 26% of sales went to a closing date.
  • We negotiated an additional £255,650 for our clients (an average of £10,000 per property).
  • We listed 28 properties (more than any other agent covering Perthshire)

Rental Market

The imbalance between demand and supply is also evident in the local rental market.  There is increased tenant demand across the board and the market is also moving very quickly, with significant demand for 3 and 4 bedroom houses and quality flats.  Feedback from viewers is that properties are being rented very quickly and there are many tenants struggling to find suitable properties.

We are seeing more people being forced into the rental market due to the economic effects of the pandemic and there are many sellers renting temporarily until they find the right property to buy. 

Notably, as with the sales market, we are receiving more enquiries from people looking to move into the area from other parts of Scotland, as well as from England.

Key Stats

  • We listed 14 properties for rent
  • Agreed 12 tenancies
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What our clients say about us

Testimonials
Neil Sampson (Jan 2025) – “I regularly listen to “The Scottish Property Podcast” and was impressed with the interview that Alan Keddie and Katie Hall gave. I thought it was great and a personal touch to welcome the business owners, Alan and Katie to the property for the initial consultation. Such a surprise, compared with dealing with other estate agencies who would have delegated this task to an employee. This demonstrated that they truly care about their customers.”Neil Sampson (Jan 2025) – “I regularly listen to “The Scottish Property Podcast” and was impressed with the interview that Alan Keddie and Katie Hall gave. I thought it was great and a personal touch to welcome the business owners, Alan and Katie to the property for the initial consultation. Such a surprise, compared with dealing with other estate agencies who would have delegated this task to an employee. This demonstrated that they truly care about their customers.”Sales Client | Maple Place Perth | 2 Bed Bungalow | Sold Off Market

"I regularly listen to “The Scottish Property Podcast” and was impressed with the interview that Alan Keddie and Katie Hall gave. Due to the fact that I moved away from Perth some years ago, this gave me confidence in dealing with an Estate Agent in the Perth area.

I thought it was great and a personal touch to welcome the business owners, Alan and Katie to the property for the initial consultation. Such a surprise, compared with dealing with other estate agencies who would have delegated this task to an employee. This demonstrated that they truly care about their customers.

The sale of the property was effectively carried out as an off-market deal, so very swift sale negating the requirement to advertise on the open market.

Excellent communication - every member of staff I dealt with prior to and during the selling process was polite, showed a genuine interest and was very professional.

Prior to the property even making it to open market, a referral of a potential buyer was put forward a few days after the initial consultation, which then led to a sale!

The overall experience took the stress away from what was an upsetting time due to the property being my late mother’s house.

Will definitely recommend and if investing in the area in the future, will be in touch."

 

Callum Campbell (Jan 2025) – “Would recommend, good local knowledge.”Callum Campbell (Jan 2025) – “Would recommend, good local knowledge.”Sales Client | Bothlyn, Main Street Bankfoot | 1 Bed Flat

"A neighbour recommended this agency.  Good communication.  The initial sale fell through and the local agent was able to secure another offer within 24 hours. Felt relieved after the sale went through.  Would recommend, good local knowledge."

 

Barbara McKay (Dec 2024) – “I was impressed with Cara’s approach when viewing a property being sold by Premier. Property well advertised, gaining maximum exposure. Professional, friendly, not pushy.  Relieved that someone else was taking the strain and I could trust them.”Barbara McKay (Dec 2024) – “I was impressed with Cara’s approach when viewing a property being sold by Premier. Property well advertised, gaining maximum exposure. Professional, friendly, not pushy.  Relieved that someone else was taking the strain and I could trust them.”Sales Client | Byres Of Murthly Farm Cottage Murthly, Perth | 3 Bed Cottage | Sold Over Home Report in 9 Days

"Chose PPP as I was impressed with Cara's approach when viewing a property being sold by Premier.

Marketing was professional and prompt.  Property well advertised, gaining maximum exposure.  First class communication, everyone I spoke to on the telephone or face to face was able to answer queries.  Professional, friendly, not pushy.  Relieved that someone else was taking the strain and I could trust them.

Most definitely recommend, takes away a lot of the stress involved in house selling and gives a buffer between buyer and seller, so you don't get drawn into personal involvement."

 

Helen Dundas (Dec 2024) – “Staff where understanding of our personal circumstances. All communication was easy, helpful and responsive – everything you needed, however hard or stupid the questions may have seemed. Excellent experience.”Helen Dundas (Dec 2024) – “Staff where understanding of our personal circumstances. All communication was easy, helpful and responsive – everything you needed, however hard or stupid the questions may have seemed. Excellent experience.”Sales Client | Sandeman Place, Luncarty | 3 Bed Detached Bungalow | Sold in 3 Weeks

"We chose Premier Properties as staff where understanding of our personal circumstances and help with viewings.

All the marketing materials were professional and the photographer was helpful and polite.  All communication was easy, helpful and responsive - everything you needed, however hard or stupid the questions may have seemed.

Excellent experience. Would recommend, they are professional and polite."

 

David Bates (Nov 2024) – “Their knowledge of the current market trends was on point which helped immensely in deciding to sell. The experience and professionalism proved to be true.  Would recommend; they’re the best.”David Bates (Nov 2024) – “Their knowledge of the current market trends was on point which helped immensely in deciding to sell. The experience and professionalism proved to be true.  Would recommend; they’re the best.”Sales Client | Cleeve Park Perth | 2 Bed Apartment | Sold Over Asking Price

"Their reputation was better than anyone's.  Very professional and clear marketing.  Communication was great. No unnecessary calls/emails. Their knowledge of the current market trends was on point which helped immensely in deciding to sell.  I was notified of when and who was viewing the property before the viewing.

Sale went as planned.  Grateful that the experience and professionalism proved to be true.  Would recommend; they're the best."

 

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.”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."

 

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