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

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

What our clients say about us

Testimonials
Lori Corbet Mann (July 2021) – “Premier Properties’ team is absolutely outstanding – so friendly, professional and helpful! I can genuinely say that I have not previously enjoyed such outstanding customer service and care in the past 15 years of living in the UK.  I wouldn’t go anywhere else if selling a property in the future.”Lori Corbet Mann (July 2021) – “Premier Properties’ team is absolutely outstanding – so friendly, professional and helpful! I can genuinely say that I have not previously enjoyed such outstanding customer service and care in the past 15 years of living in the UK. I wouldn’t go anywhere else if selling a property in the future.”Estate Agency Client - Kirkgate, Perth | 1 Bed Flat | Sold in 7 Days Over Asking Price

"I chose PPP over other agents due to the integrity and commitment to their clients of the partners, Katie and Alan.

Superb marketing - professional and carried-out really swiftly.  First class customer service.  Brilliant Negotiation - you got us a higher price than we were anticipating!

Overall, the experience made me feel like a highly valued customer should.

Would undoubtedly recommend.  Your commitment to your customers, and to providing the highest standard of service possible was evident. I wouldn't go anywhere else if selling a property in the future.

Premier Properties' team is absolutely outstanding - so friendly, professional and helpful! I can genuinely say that I have not previously enjoyed such outstanding customer service and care in the past 15 years of living in the UK."

 

Isobel McIntyre (July 2021) – “Overall experience very smooth and I would thoroughly recommend Katie and her proactive team to anyone moving property, they were all very professional, quick responses and great service.”Isobel McIntyre (July 2021) – “Overall experience very smooth and I would thoroughly recommend Katie and her proactive team to anyone moving property, they were all very professional, quick responses and great service.”Estate Agency Client - Heughfield Road, Bridge of Earn | 4 Bed Detached Villa | Sold in 6 Days

"Chose PPP due to friend recommendation on how good they are.

The staff were great and very helpful and on the ball for following through.  Very positive outlook and friendly manner made clients easy to deal with.  All photos, video tour and drone footage were exceptional, the website was very good also.  Well-coordinated appointments and the feedback was very good and helpful.

Overall experience very smooth and I would thoroughly recommend Katie and her proactive team to anyone moving property, they were all very professional, quick responses and great service."

 

Anne Jardine (July 2021) – “Very quick, efficient and effective sale with positive results all round for myself, the seller, and also for the buyer.  Thank you for making the whole process a breeze!!”Anne Jardine (July 2021) – “Very quick, efficient and effective sale with positive results all round for myself, the seller, and also for the buyer. Thank you for making the whole process a breeze!!”Estate Agency Client - FriarStreet, Perth | 5 Bed Semi | Sold in 8 Days Substantially Over Asking Price

"I chose PPP as they have the most prominent estate agent sign around the Perth area and personal knowledge of professionalism of staff.

Excellent marketing. Quick in terms of setting up - photographer, footage and quality of photographs excellent.  Easy access to website.

Communication was frequent over the course of the sale.  Staff clearly worked as a team, knowledgeable of who was dealing with what and quick to return calls with information required. Communication with buyers was very efficient.  Appointments booked (canceled where necessary) to suit myself in a timely efficient manner.

I felt my view on the expectation on how much I was looking for was listened to and matched.

Very positive experience.  Very quick, efficient and effective sale with positive results all round for myself, the seller, and also for the buyer.

Would always recommend, why wouldn't you??  If you’re going to sell then I cannot think of a reason you would not opt for the best experience you can have.  Thank you for making the whole process a breeze!! Was lovely to speak with you all during the sale period."

 

Craig Wallace (July 2021) – “This was the easiest and best experience I have had of selling a property.  Customer service is excellent, a great team to do business with and nothing is too much trouble.”Craig Wallace (July 2021) – “This was the easiest and best experience I have had of selling a property. Customer service is excellent, a great team to do business with and nothing is too much trouble.”Estate Agency Client - Queen Street, Perth | 3 Bed Flat | Sold in 7 Days Over Asking Price

"Premier Properties have sold several properties recently in the area where my property was, so they obviously knew the market in this area.  This proved to be invaluable when the property sold within seven days of listing.

Marketing was fabulous, very professional photos and video that showed the property at its best.  Premier properties took the stress of showing potential buyers around by showing them themselves.  This was a huge help.  Great customer service, kept up to date throughout the process.

Very happy with the very quick sale of the property and the price achieved.  This was the easiest and best experience I have had of selling a property.

Customer service is excellent, a great team to do business with.  Every aspect of selling the property from first contact to the sale of the property has been very professional, they are great to deal with and nothing is too much trouble."

 

Alan Cleisham (July 2021) – “An excellent experience, our property was sold on the first day of being on the market – professional estate agency from the start to the finish of the sale process.”Alan Cleisham (July 2021) – “An excellent experience, our property was sold on the first day of being on the market – professional estate agency from the start to the finish of the sale process.”Estate Agency Client - Matthews Drive, Perth | 3 Bed Semi | Sold in 1 Day Substantially Over Asking Price

"PPP have a good reputation in the area and once our house was on the market we wanted to have confidence it would sell quickly for the price we needed.

The video tour, photos and the Matterport virtual tour were excellent. Having our property on PPP social media as coming soon certainly helped to get viewers in place as soon as it was on the market.

Zoe was excellent, providing feedback, being highly personable, knowledgeable and she updated the portal in a timely fashion so we always knew where we stood.  Zoe was able to negotiate a higher value than we had anticipated - something we were delighted with.  And our property was sold on the first day of being on the market

An excellent experience - we were well guided through the selling process by PPP throughout.

Would absolutely recommend - professional estate agency from the start to the finish of the sale process."

 

Duncan Scott (July 2021) – “They are the best I have experienced and would recommend them to anyone selling or purchasing a property – a reliable and trusted team with the customer at the heart of their business.”Duncan Scott (July 2021) – “They are the best I have experienced and would recommend them to anyone selling or purchasing a property – a reliable and trusted team with the customer at the heart of their business.”Estate Agency Client - Barrack Street, Perth | 2 Bed Flat | Sold in 12 Days Over Asking Price

"I appointed PPP as they are a reliable and trusted team with the customer at the heart of their business.

Very professional marketing, the walk-through tour is best in class.

They are the best I have experienced and would recommend them to anyone selling or purchasing a property.  They treat potential buyers with respect and professionalism.  Always working in the best interest of the client to achieve the best price.

I know that once I have marketed a property with Premier Properties I can relax in the knowledge that they are working hard in the background

My positive experience with Premier Properties gives me the confidence to recommend them to anyone selling or purchasing a property.

They have a dedicated and professional team whose primary focus is on good customer experience and strong communication."

 

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