Hunters Pontypridd

There are a fifth (20%) more homes available for sale compared to the same time last year, boosting buyer choice.

Encouraged by the usual spring bounce and a 9% annual increase in property sales, more people are putting their home on the market.

61% of agents reported an increase in supply in the sales market over the last three months, while 23% reported similar levels.

Despite rising confidence, buyers remain price conscious and continue to negotiate on price. Two-fifths of sales agreed in March were at least 5% below the asking price.

Source: Poll of Subscribers, Zoopla, March 2024

👍 GOOD NEWS

📈 After peaking at a high in January, the average number of days to sell fell to 71 days in February.

📰 This is great news and further proves that the market has improved in 2024.

🏡 We think this will continue to fall and now is great time to think about getting your property on the market.

☎️ Contact us here for a valuation: https://www.hunters.com/value-my-property/