Perthshire Property Market Update

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

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What our clients say about us

Testimonials

Caroline & Tony Fellows (July 2024) – “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.”Estate Agency Client | 1 Bed Flat | Crieff Road, Perth

"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."

Ian McCully (July 2024) – “Would recommend, excellent staff.”Estate Agency Client | 5 Bed Detached Villa | Coronation Avenue Scone | Sold at Home Report in 2.5 Weeks

"Used Premier Properties Perth for previous sales. Very good marketing and communication. Would recommend, excellent staff."

William Walker (July 2024) – “Following meetings with a few estate agents, we chose Premier. The representatives we met were professional and friendly. The property sale was dealt with in a friendly, professional manner, with good communication and helpful staff.”Estate Agency Client | 2 Bed Flat | Rosslyn Court, Rosslyn Avenue, Perth|

"Following meetings with a few estate agents, we chose Premier. The representatives we met were professional and friendly.

Everything was handled well. The photographs and video were excellent, and it was good that we could amend the wording relating to the property to what we thought fitted best. Any instructions we gave regarding the marketing/pricing of the property were followed through and appropriate advice and recommendations provided.

Overall, I was very happy with the whole process. Would recommend. The property sale was dealt with in a friendly, professional manner, with good communication and helpful staff."

Jim Grieve (June 2024) – “Sold within a couple of days so our relationship was short and sweet! Felt engaged with and staff were professional and efficient.”Estate Agency Client | 2 Bed Detached Bungalow | Knockard Place Pitlochry | Sold in 3 Days Over Home Report Value

"You were recommended by friends in Pitlochry and your price was competitive particularly when we said we didn’t need your viewing assistance service.

The property was well represented and marketed. Excellent service from staff. All very good. Sold within a couple of days so our relationship was short and sweet!

Felt engaged with and staff were professional and efficient. Good service at a competitive price."

Lisa Dillon (June 2024) – “Great professional service. The whole experience made me feel secure.”Estate Agency Client | 2 Bed Mid-Terraced House | Victoria Street Perth | Sold in 12 Days Over Home Report Value

"Simple process ... great services. The marketing made our property look fantastic.

Great professional service. Perfect negotiation.

The whole experience made me feel secure. Would recommend ...easy process."

Pam O’Brien (May 2024) – “Great to deal with, nice people and on the ball.”Estate Agency Client | 4 Bed Detached Villa |1 Thriepland Wynd Perth | Sold in 9 Days Over Home Report Value

"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. Would definitely recommend this company and would use them again."