Chester Property Market Update | October 2019
At Jordan & Halstead, we are proud to use our local knowledge to help our customers make the best property decisions for them. As experts in the local Chester property market, we have plenty we can share with you to help you navigate the local property market, which is why I do these monthly updates, to keep you in the loop about what’s going on in your property market, and give you the knowledge you need to get the most out of your home!The number of new instructions for the month of August has risen from 254 in 2018 to 300 in 2019. The Chester market has also seen 2764 new instructions year to date, showing that the sales market is thriving.
The number of sales agreed has dipped slightly since the same period last year, from 236 sales agreed in September 2018 to 222 in September 2019. Year to date, there were 1676 sales agreed across the Chester property market.
Property values have gone down slightly in the last year to an average value of £258,916, representing a 2.87% drop since this time last year.
This shows us that the market is always moving and changing, so it’s vitally important to stay on top of things when it comes to getting the most out of your property in the Chester area.
This is a perfect time for first time buyers to get a foot on the property ladder, or for landlords to expand their portfolios. If you’re looking into selling your home in the current market, it’s vital to get the best possible valuation for your home, ensure it is marketed well and that your home creates some buzz, which is exactly what we do with our open houses.
To find out more about your property market, what we do at Jordan & Halstead or to get some advice about what it is you should be doing when it comes to your property, contact our team today.
Thanks for reading,