The property sales market remained buoyant during November with the volume of sales and listings continuing to run well above 2019 levels. We achieved more sales than any other agent covering the Perthshire area, selling 31 properties in locations such as Perth, Scone, Luncarty, Almondbank, Bridge of Earn, St Madoes, Auchterarder and Crieff. Flats accounted for just under half of sales, whilst the majority of house sales were for bungalows. Demand remained high with 16% of sales going to closing dates and buyers willing to pay premium prices for the “perfect” property. 77% of sales achieved full asking price or above, generating an average profit over asking price of £7,292 per client.
The lettings market was also busy with strong demand for good quality houses in desirable areas. We secured tenants for 2 large houses in Scone within a week of hitting the market and these types of properties are achieving good rents.
It has been a hectic 18 months for the property market since the end of the first lockdown. The net result as we approach the start of 2022 is a lack of available properties, yet ongoing strong buyer and tenant demand. Typically, the market naturally slows in the lead up to Christmas, then rises sharply in the new year as households use the holiday period to make a decision around making a move. Indeed, the property portals record a boom in the number of people searching for property online during Boxing Day.
For those thinking about selling or renting a property in the new year, December is a great time to contact us for expert advice on how to prepare your property for listing at the start of 2022 and get ahead of the competition.
November 2021 – Key Stats
- We sold 31 properties (more more than any other agent covering Perthshire) and listed 22 in November
- The number of sales we agreed was up by 57% in November compared to the same period in 2019, which is the best ‘normal market’ comparison. Instructions were up by 29%.
- Total combined sales for November: £5,059,152
- 77% of sales achieved full asking price or above, generating an average profit over asking price of £7,292 per client.
- 68% of sales achieved full home report value or above, generating an average profit over home report value of £3,827 per client.
- 16% of sales went to a closing date
- We listed 13 properties for rent and agreed 6 tenancies (more than any other letting agent covering Perthshire)*
- * Source: Rightmove
November 2021: Top Selling Agent in Perthshire
What our clients say about us
Testimonials
"We put our property on the market with Premier just prior to lockdown but subsequently withdrew it. We were very happy with how Alan handled the situation at that time as well as the marketing. We originally went to them through the recommendation of a mortgage consultant.
We loved the Facebook countdown! The photography and virtual tour were first class. The photographer obviously took a great pride in her work and the results spoke for themselves.
You contacted people who had shown an interest in similar properties and we actually had 3 viewings booked before it was released. Bartek did wonderfully well in convincing the buyer what to offer.
The service was excellent in particular Bartek who showed potential buyers around and Alan who offered great advice on the deal.
This was our first move in 34yrs so we were very nervous but everything went quickly and well leaving us to only worry about the actual physical move. Overall, we felt very pleased and relieved.
Would certainly recommend. Premier made the necessary processes easy and understandable. They also dealt with us as people not just a client, this made us feel so much better.
It was great to know that we were in the hands of people who cared."
"From firstly meeting Katie at my property to the conclusion of the sale I cannot fault the Premier Properties Team. Many thanks for all your help, I would highly recommend."
"Great to deal with, nice people and on the ball. We had an ex-rental property to sell, and had to decide whether to 'love it' or 'list it' in it's current condition. Katie & Alan were great and understood our situation, we decided to try the property on the market and discussed a fair price for the 'list it' option.
All went well and the property sold quickly. Can't thank them enough for their advice and support. Felt happy and looked after. Would definitely recommend this company and would use them again."
"We met 3 local estate agents and chose Premier because of Alan Keddie. Very prompt turn around and felt involved in the process. Excellent feedback from whoever we dealt with. The house was sold quickly with no real issues. Overall, the experience made us feel like selling a house wasn't as tricky as we thought!
Would recommend - great team."
"Chose Premier Properties as very good reputation in the local area. Excellent all round. Very professional, efficient and friendly. Everything went extremely smoothly.
Felt we were in very good hands. Would definitely recommend for all of the aforementioned reasons."
"Very impressed by Alan and Katie. Their drive and enthusiasm stood out. Excellent marketing and communication. Efficient and knowledgeable when dealing with potential buyers and negotiating sale. I felt supported and cared for.
Would recommend. The service provided was sympathetic and efficient. Premier Properties are easy to talk to. I found it helpful talking to Alan because of his experience. Paula and Eleze were both pleasant and very helpful."
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