Ayrshire Quarter 3 2013 Review
CONFIDENCE CONTINUES TO GROW IN THE AYRSHIRE PROPERTY MARKET
The Ayrshire property market continues to show encouraging levels of activity according to new statistics released by CKD Galbraith.
Following research conducted by the firm’s Ayr office, the quarter three period from July to September 2013 saw property sales up by 33% against the same period of 2012 whilst viewings and the number of buyers registered also grew significantly.
Bob Cherry, partner in CKD Galbraith’s Ayr office, said: “Market confidence has been growing throughout the year and we have seen increasing willingness from buyers and sellers to make their next move. The statistics demonstrate an improving picture for the market and we forecast this is likely to continue into next year.”
CKD Galbraith Ayr statistics from quarter three show:-
- Sales up by 33% against Q3 2012 (and up by 71% against Q2 2013)
- Viewings up by 54% on Q3 2012 (and up by 72% against Q2 2013)
- Buyers registered with the firm broadly static against Q3 2012 but up by 28% on Q3 2012
- Number of properties listed for sale unchanged since the last quarter (and Q3 2012)
- 67% of buyers are locally based; 25% are national buyers; 8.3% are international buyers
CKD Galbraith’s sales teams operating across the whole of Scotland handled in excess of £400million worth of property (2012/13 financial year) ranging from cottages and conversions to country houses, farms and estates.
Bob continued: ““There are buyers out there willing to purchase and across the year so far, we’ve seen an increase in sales and viewings this year. However, realistic pricing is still imperative in today’s market. Those properties with prudent guide prices are the ones witnessing more activity.
“In and around Ayrshire, we are seeing good levels of demand for attractive and well located smallholdings with land, normally up to around the £300,000 mark. We are encouraged by this activity, and on other property types as well, that demonstrates that the market is continuing to steadily improve.”
CKD Galbraith Ayr has recently launched local Facebook and Twitter pages providing followers with updates, news and information on the local residential property market. To be the first to know about new properties available for sale in the area like and follow us at facebook.com/ckdgalbraithayr and twitter.com/ayr_ckdg