Call 01743 241181 for friendly & expert advice

Latest News

Search Sales
Search lettings

Buyers on a mission

August usually signifies a lull in the residential market, but not this year, writes Alistair Hilton, Balfours head of sales.

With the majority abandoning overseas holidays prospective house buyers focused their attention on their search, resulting in nearly 40% of properties selling for more than the asking price - according to Propertymark – and it’s a figure Balfours wouldn’t disagree with.

I have often been heard to say that Shropshire property is undervalued, but without doubt there are more buyers latching onto that opinion. The county ticks all the boxes for those seeking to realign their lifestyles with post covid work ethos, incorporating home offices, more flexible living and green space.

Propertymark data reports that there were at least ten per cent more buyers in the market than in August 2020. Conversely supply has continued to decrease during the month.

As the school holidays draw to a close amid an Indian summer, traditionally the market re-awakens. Let me assure you the market is fully awake and is unlikely to fade anytime soon. Obviously, we are valuing with market trends, while the 40% of sales over guide price are buyers on a mission.

We hope anyone considering selling, but sitting on the fence, is encouraged by this and will at least pick-up the phone for a market appraisal, which costs nothing. Our professional and confidential opinion is frequently the beginning of an exciting new chapter for our clients.

Alistair 2021

Subscribe to our newsletter

The Balfours email newsletter is the best way to keep up to date with new properties and the goings on at Balfours.

You can subscribe online here. We will never share your details with third parties without your consent.