Date Published 21 March 2024
* The average price of a property coming to market has risen by 1.5%, compared to a historic average uplift of 1% for March and taking it to £368,118 (+£5,279).
* This marks the third consecutive monthly price rise and is the largest uptick in 10 months, with increased demand pushing up asking prices.
* However prices remain an average £4,776 below the May 2023 peak so buyers are sensing a window of opportunity.
* The majority of agents say there are 3 or more prospective buyers for each property available. However realistic pricing, as Shaun Mellor Property are know for, remains key.
Source: Dataloft Poll of Subscribers, Rightmove. March 2024
