Market Update for September 2021

Summer is well and truly over but despite some hat greyish summer we’ve had the market is still very strong with more buyers looking to buy now than in the last ten years.
Sellers are in the strongest position to achieve the maximum prices on their properties with the correct selling price and strong marketing strategies. Through competition and a lack of properties, now is the perfect time to maximise your investment in your property.

The house market has grown considerably over the last two years, demand is 46% higher in August 2021 than in the same period in 2019 but have dropped 17% since the post Covid lockdown stamp duty holiday frenzy.

Many people in houses are still hesitant to put their properties on the market following the relaxation of Covid restrictions as many have completed home projects and added offices and outhouses however the owners of flats who crave outside space has resulted in a huge surge of flats on the market which has affected the flat prices and is a great opportunity for first time buyers and buy-to-let investors.

At Benjamin Stevens we are very particular about getting selling prices right to appeal to the largest audiences possible Though competition driving those prices up, we are still amazed at the number of agents out there still over valuing properties that sit stagnant on the portals resulting in frustrated vendors who cannot move forward.

If you are looking for the most update local market appraisal of your area and some honest and experienced advice, then feel free to get in touch with us today on 020 8958 1118.