According to HMRC, just over 70,700 property sales were recorded in July 2020. This is an increase of 14.5% compared to June but 27.4% less than July last year. Newly agreed sales per agent, in August 2020, were 76% above the 5-year average, with the time to sell a home falling 31%, according to Zoopla.
On average properties are taking 27 days to sell, down from 39 at the same point in 2019.
Click here to read our Market Review report for September 2020, for the BR6 post code areas.
Langford Rae Property Agents have been helping people buy and sell locally from the flagship office on Windsor Drive, Chelsfield, since 1986. We welcome the opportunity to discuss local market conditions with you wether you're keen to move to the area, or looking to sell. If you are curious as to the market value of your property, why not use our free, no obligation valuation tool available here: www.langford-rae.co.uk/#valuation
For advice on local market conditions please telephone the team on 01689 862 770. We look forward to hearing from you. In the meantime, please see our other published articles available here.