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June Residential Sales Update

What a difference a video tour makes…

With stats showing us, since 18th May 2020, that our current viewing to offer ratio has dropped from 1 in 10 (this is deemed as good), is now at 1 in 5.6. These are numbers you would typically see in the lettings sector. We are now 3 weeks into June and the enquiry graph tells its own story. With 9 days of enquiries left, we will surpass that of May and be back inline with February and March 2020 thus giving us a faster than expected bounce back.

The number of clients having valuations has increased but you will note the numbers are less than 20% of the norm, but week on week we are seeing this increase across our offices.

The mortgage markets are providing conflicting stances with regards to loan to value being offered but rest assured what we are seeing is: Money is very cheap to borrow giving buyers the confidence to buy and borrow.

June Sales update


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