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
What our clients say about us
Testimonials
Denise McNiven (May 2025) – “Felt fully supported by a professional, approachable and experienced company.”Sales Client | Atholl Crescent, Aberfeldy | 2 Bed Semi Detached Bungalow | Sold Over Home Report in 10 Days
"Photography was excellent and efficient, marketing appeared on sites very quickly. Customer service was very good as was the staff knowledge. Sale negotiated promptly, efficiently and effectively. Felt fully supported by a professional, approachable and experienced company. Would recommend as it was a professional efficient service."
Nicola Meikle & Lesley Gordon (May 2025) – “We also approached 2 other agents and PPP stood out as the best option. We connected straight away with Eleze and Cara who understood our needs and had a good knowledge of the local area & the current market. They went the extra mile for us.”Sales Client | Newhall Street, Bankfoot | 2 Bed End Terraced Villa | Sold In 6 Weeks
"Chose PPP due to personal recommendation from a friend. We also approached 2 other agents and PPP stood out as the best option. We connected straight away with Eleze and Cara who understood our needs and had a good knowledge of the local area & the current market.
Good quality marketing materials were produced efficiently. We were able to review content before going live. The property was on the market very quickly with good coverage.
We received excellent customer service from Eleze, Cara and team. They were very responsive by phone and email. Communications were clear and concise.
PPP handled all viewings & follow ups and kept us informed. We were confident in the advice provided to us and in PPP's expertise in carrying out the negotiations with the purchaser.
Eleze, Cara and team were outstanding: they went the extra mile for us. We had a quick sale and PPP made the whole process very smooth.
We highly recommend PPP: their people and processes are excellent.
Nothing more to add other than a big thank you to Eleze, Cara and team!"
Mr & Mrs B (March 2025) – “We knew from the start we were in safe hands with an experienced team. Friendly visit from Katie and Alan and team, always available on the phone and good email backup. All went well and culminating in a very quick sale. Thanks for reducing the stress at a very stressful time for us.”Sales Client | Crieff Road, Perth | 3 Bed Terraced Villa | Sold Within A Week Over Home Report Value
"PPP was highly recommended to us by family solicitor whose services we have used in the past.
All outlets worked well and PPP covered a wide range of media and agencies with the ad prepared for us. We were delighted with the coverage.
Customer Service was fantastic. Good clear comms, timely changes of viewer schedule allowed us to accommodate all viewers. We found sales administration departments under Eleze and Ellie and Cara friendly and professional, particularly the advice when to put our property on the market which resulted in a sale within a week of ad going up on your website.
We where delighted with number of potential buyers and property was sold within a week of putting it on the market... says it all ! Thanks to Premier Properties Perth.
We knew from the start we were in safe hands with an experienced team. Friendly visit from Katie and Alan and team always available on the phone and good email backup. Thanks for reducing the stress at a very stressful time for us.
We would recommend Premier Properties Perth for above reasons. We can't think of anything overlooked by Premier Properties Perth. All went well and culminating in a very quick sale."
Mr Mrs B, Perthshire
Callum Campbell (March 2025) – “Would recommend, good local knowledge.”Sales Client | Main Street, Bankfoot | 1 Bed Bungalow
"Recommendation from neighbour. Very good presentation of property and good customer service. 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."
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.”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."
Recent Posts
- Premier Properties Perth – Best Letting Agent in Perth & Kinross 2024-2025
- Join Our Team: Lettings Assistant/Negotiator
-
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
- How much is your property worth?
