Million Plus Monday!

7 Offers totalling 1.5 Million in just one day.

For the last few years the autumn selling season has been the busiest time of year for Coast and Country estate agents. When families return from their summer holidays and children go back to school, home-movers focus on selling and being settled into their new property by Christmas.  An increase in activity normally starts around the middle of September and continues through to early November. This year appears to be no exception, not only are we seeing an increased level of viewings but a high level  of agreed sales, right on the mid-point of September.

You know that the market is strong when you have received offers on 7 properties with a total value in excess of 1.5 million by lunch time on a Monday. The 15^th September was one of the busiest days we have seen for some time.  There was an atmosphere of excitement in the office and the already high level of motivation in the team increased further, as we assisted proceedable buyers to secure new homes and actively pursue new instruction to replace the ones we had sold. Days like the 15^th are great for our clients and great for us. They have a knock on effect which lasts a long time and will lead to numerous successful moves by Christmas.

Sales agreed ranged from a bargain priced terrace cottage in town, to a beautifully appointed detached family home in one of Newton Abbot’s premier residential areas with an asking price in excess of £400,000. Also included were a period cottage in a popular village, a very spacious mid ranged town house, an executive home in Aller Park, a well looked after two bed modern home ideal for investment, a three bed family house and a luxury bungalow in Torquay. It is well known in the property market, that busy makes busy. As you sell properties you release eager buyers into the market and have the first opportunity to find them their dream home. That’s why potential sellers should consider instructing one of the busiest agents. Taking this course of action increases your chance of a prompt sale. When looking to buy, an agent with a good sized register can offer you a greater choice. If they turn over this register fast, they will have a constant supply of new and exciting property for you to consider.

 All in all things bode well for Autumn 1014. The sales are off to a flying start and are likely to continue at a very good rate, providing sufficient quality houses come to the market to satisfy demand. A word of caution, demand is to a degree out-stripping supply, so prices are rising. First time buyers and those looking to move upmarket or invest should act fast.  Coast and Country look forward to assisting you with all your property requirements.