Our estate agency sector is reporting particularly strong demand from buyers desperately seeking their next home. During the first four months of 2018 our agency teams experienced an almost frenzied approach from buyers eagerly searching for a property to buy. 

This is in stark contrast to the Central London market which is almost stagnant and being mis-reported (fake news!)as a national trend, which it isn’t. Whilst available stock numbers are 15% down on the same period in 2017, viewing numbers have increased by 46% resulting in sales increasing by a whopping 285%.

Michael Harris, who heads our Chester Agency department comments “It’s not that there are more buyers in the market, in fact we have registered 25% less buyers in 2018 than the same period in 2017. Those that are in the market however are highly motivated buyers, who have put Brexit uncertainties to one side as they have finite timescales to make their move, whether that be a job relocation, move to be within catchment for the best schools or simply to downsize. 

"Buyers are coming to us with a long wish-list but are soon realising that low stock numbers mean they have to compromise now more than ever, meaning compromised property which would normally be a slow mover, is selling fast.”  There may be grey clouds on the horizon, so if you are looking to sell there is little doubt that now is an tremendous opportunity to attract a swift sale at a premium price."

 Contact our Chester Agency team on 01244 409660