Scottish Property Centre has featured in an influential industry publication commenting on new findings that Scottish properties are selling 28% faster than those in England and Wales.
Property Industry Eye reported that new research – which tracked the time from when a property was listed on Rightmove to when it is shown as sold by the Land Registry in the 12 months to May – found that homes north of the border sold within an average of 12.57 weeks compared with 16.11 in England and Wales, a 28.16% difference.
Commenting on the figures, Gregor Cope, Director of Scottish Property Centre Shawlands, said: “Despite uncertainty over Brexit and a shortage of available housing stock, Glasgow is one of the most buoyant housing markets in the UK.
“Scotland’s biggest city has overtaken Edinburgh in setting the pace and, in some areas, average selling times is less than a fortnight from going on the market to receiving an offer.
“There’s a misconception that properties are sold by solicitors north of the border.
“In fact most are, and always have been, sold by traditional high street estate agencies like ours, with around 97% listed on online property portals such as Rightmove.”