Perthshire Property Market Update

Competition for property for sale remained hot during October and Premier Properties were once again in pole position in terms of the number of sales agreed and new listings in the Perthshire area.

The number of sales we agreed was up by 78% in October compared to the same period in 2019, which is the best ‘normal market’ comparison. Instructions were also up by 23% on October 2019. Although more properties came to market, the level was still not enough to replenish the stock that was being snapped up which resulted in some properties selling in a matter of days and for record prices.

The continuing imbalance, with demand outstripping supply, put buyers who can proceed quickly, prove they are mortgage-ready or have cash in the bank at a huge advantage. There are also opportunities for owners looking to sell and cash out if they are downsizing or not needing to buy another property. With mortgage interest rates remaining lower than they have ever been before and lenders keen to lend in a competitive market, the window is open for movers to act now before Christmas.

We are preparing to launch more properties to the market in the coming weeks so buyers should register their details here:

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October 2021 – Key Stats

We sold 32 properties and listed 27 in October (more more than any other agent covering Perthshire)
The number of sales we agreed was up by 78% in October compared to the same period in 2019, which is the best ‘normal market’ comparison
Total combined sales for October: £8,094,000
88% of sales achieved full asking price or above, generating an average profit over asking price of £15,516 per client.
72% of sales achieved full home report value or above, generating an average profit over home report value of £12,000 per client.
9% of sales went to a closing date
We listed 13 properties for rent and agreed 5 tenancies (more than any other letting agent covering Perthshire)*
* Source: Rightmove

October 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."