Scottish Property Centre Shawlands has enjoyed its most successful year ever with record property sales, listings and lettings.
Despite uncertainty over Brexit dogging housing markets across the UK for much of the year, we ended 2019 with properties sold 30% higher than the previous year, sales listings up by 26% and lettings by a massive 59%.
The buoyancy of the southside property market was also reflected in the time it took for us to sell properties and prices achieved for our clients.
The average number of days to agree an offer was 18.2, among the lowest in the UK, and 86% of properties were sold for the Home Report value or higher. The total value of our sales for the year was £19.5million, some £898,000 over the Home Report values.
Uncertainty caused by Brexit failed to impact the southside market negatively and, if anything, it experienced a bounce after the UK failed to leave the European Union on the scheduled dates of March 29 and the end of September.
High demand for homes to buy and rent, combined with a relative scarcity of available properties created a burgeoning sellers’ market and a revival of interest in Govanhill, which had fallen out of favour following some negative publicity, also contributed to the boom.
The decisive result of December’s General Election may not have pleased everyone, but it contributed to a consolidation of the housing market and 2020 began positively.
Scottish Property Centre Shawlands saw a record start for both sales and lettings with new properties listed more than three times higher than at the same time last year.
Craig Smith, Director of Scottish Property Centre Shawlands, said: “Our sales figures throughout 2019 showed consistent growth and we ended the year on a record high.
“The market has continued to rise throughout January and there appears to be no sign that it has peaked. If anything, an end to the uncertainty over Brexit has re-fired the boosters and demand for homes seems greater than ever.”
Our sales included:
For details of properties for sale or to rent in your area, call your local Scottish Property Centre branch or visit www.scottishpropertycentre.net.