Property News – Strong Demand Across All Price Brackets

The latest figures are encouraging: sales are up 4% compared to last year, proving that the market remains resilient despite external pressures. However, looking closer at the data reveals some fascinating insights into how different price brackets are performing.

Confidence Among Sellers and Buyers

One of the most positive trends right now is the steady flow of new properties coming to the market. Sellers are showing confidence, which gives buyers more choice. At the same time, demand remains strong, meaning well-presented, fairly priced homes are attracting solid interest.

This balance of supply and demand is creating a marketplace where good homes are selling quickly, while those that are less competitively priced may struggle to attract offers.

A Closer Look at Sales Rates

The data highlights the differences between property brackets:

• Under £250,000: Sales success rate of 90%, showing this price point is particularly buoyant.
  
  
• £250,000 – £500,000: Still healthy with a 74% success rate.
  
  
• £500,000 – £750,000: Drops to 53%, reflecting a more selective pool of buyers.
  
  
• £750,000 – £1,000,000: Success rate of 43%, underlining the importance of correct pricing in the higher-value market.
  
  

These figures underline the fact that while demand exists at every level, the higher the asking price, the more competitive the market becomes.

What This Means for Homeowners

If you’re considering selling, these insights show that timing and strategy are crucial. Lower and mid-range properties are moving well, but higher-value homes require sharper positioning to stand out.

It’s also a reminder that pricing a property accurately is essential. A home may be stunning, but if it’s overpriced, it risks lingering on the market. Buyers at all levels are savvy and have plenty of data at their fingertips, so being realistic from the start is the best approach.

Practical Advice for Sellers

• Request evidence from your estate agent: Don’t just accept a valuation; ask for comparable sales to back it up.
• Understand your market bracket: Each price band behaves differently, so tailor your expectations accordingly.
  
  
• Maximise presentation: With plenty of choice available, a well-staged property can give you the edge.
  
  

Looking Ahead

Overall, the market is in a good place. Strong demand underpins activity at every level, and opportunities exist for both buyers and sellers.

If you’re planning to make a move this year, our team can guide you through the process. From starter homes to multi-million-pound properties, we handle sales across the full spectrum.