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Perthshire property market sees growth in second quarter


www.scottishlegal.com

2nd July 2015

Perthshire has seen some positive trends in the local property market in the first half of 2015, with sales up on last year.

In six months, Perthshire Solicitors Property Centre's member firms have sold 393 properties totalling just over £70m.
Breaking that down, the average house has sold for £178,238.

The second quarter of the year was a significantly better one for the PSPC, with over £40m worth of sales in April, May and June alone.

Both March and June saw improvements in the number of sales compared to last year.

Comparing the statistics to this time last year, Anne Begg, manager, PSPC said: "There are improvements in some areas and slight dips in others.
"During the first half of 2014, PSPC member firms sold just over £78m worth of homes but the average property is selling for more this time around.

"Indeed, without exception, the average property has achieved more each month than its 2014 equivalent."

Predicting what lies ahead, Mrs Begg added: "Although we are highly unlikely to ever return to the days of properties achieving huge amounts over the asking price, more and more are achieving their asking price.

"A few sell in excess of their asking price but, as a rule, pricing is more consistent and reliable and you are more likely now to achieve your Home Report value than you would have done in the past - good news for us all."

Another key positive from the statistics relates to the month of June, when 91 properties went 'Under Offer', a record number over the last five years.

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Home Reports have become an important part of selling or buying a home in Scotland. Sellers need the Home Report, containing a Single Survey, Energy Report and Property Questionnaire, in place, prior to marketing their property. Buyers benefit from the information provided in the Home Report. Onesurvey work with you and your estate agent every step of the way, guiding you through the process and getting your property to market as quickly as possible.

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