Now into the 2nd half of 2018, we look back over the performance of the Shawlands branch over the first 6 months.
Analysing all their sales data between 1 January – 30 June 2018, here are some key stats: -
They took an average of just 13.4 days to secure a sale (year end 31 Dec 2017 – 26.9 days).
Of all properties sold, 73% went to a closing date due to multiple interested parties.
79% of all sales agreed were at a figure higher than the home report value.
£339,218 has been achieved over the home report value for their clients in the first 6 months of 2018. This figure has already surpassed the £298,828 achieved for the whole of 2017.
Director Craig Smith commented “After an exceptional 2017 for the property market in the South Side of Glasgow, the first 6 months of 2018 has exceeded all expectations. The trend of demand outstripping supply, resulting in fierce competition between buyers, has continued. We are now achieving sales for the majority of our clients within a fortnight of going to the market.
From a buying point of view, avoiding a closing date to secure your dream home is unlikely, particularly in the South Side and East Renfrewshire hotspots. It is therefore crucial to be ready to buy, ideally chain free or under offer, with a mortgage decision in principal, making yourself as attractive as possible to the seller. Otherwise, you run the risk of losing out against your competition, even if you are the highest offer.”
Some highlights from 2018 so far have included: -
Brisbane Street, Battlefield – Sold £12,157 over home report value in 7 days
Brenfield Avenue, Muirend – Sold £15,250 over home report value in 13 days
Lochleven Road, Battlefield –Sold £15,150 over home report value in 16 days
Househillwood Crescent, Pollok –Sold £5,000 over home report value in 4 days
Acacia Drive, Barrhead – Sold £8,173 over home report value in 11 days
Spiers Wharf, City Centre –Sold £17,950 over home report value in 16 days
Holmlea Road, Cathcart –Sold £17,222 over home report value in 12 days
Calder Street, Govanhill - Sold £5,000 over home report value in 21 days
Kilmarnock Road, Shawlands - Sold £10,000 over home report value in 6 days
Deanston Drive, Shawlands - Sold £18,265 over home report value in 13 days
London Road, Glasgow - Sold £16,500 over home report value in 10 days
Clarkston Road, Muirend - Sold £10,000 over home report value in 10 days
Ardmay Crescent, Kings Park - Sold £12,250 over home report value in 13 days
Sinclair Drive, Langside - Sold £15,500 over home report value in 8 days
Cartvale Road, Battlefield - Sold £7,100 over home report value in 7 days
Windsor Court, Shawlands – Sold £18,333 over home report value in 10 days
Hillside Road, Mansewood – Sold £9,000 over home report value in 1 day
Cartside Quadrant, Battlefield – Sold £15,662 over home report value in 12 days
Sinclair Drive, Battlefield – Sold £10,000 over home report value in 7 days
Pollokshaws Road, Strathbungo – Sold £24,800 over home report value in 7 days
Dundrennan Road, Battlefield – Sold £10,000 over home report value in 5 days
Kenmure Street, Pollokshields – Sold £17,000 over home report value in 8 days
If you live in the South Side or East Renfrewshire and are thinking of selling, contact the Shawlands branch now to discuss or arrange your free valuation on 0141 649 7979 or email@example.com.