Demand for quality property in the region continues to outstrip supply with strong buyer confidence, particularly in the 200,000 - 500,000 segment of the market where properties have been selling well. Fife is a flourishing part of Scotland which has continued to prosper throughout the summer and early autumn, demonstrating its resilience and popularity amongst house hunters both locally and from across the rest of the UK and abroad.
Fife holds wide appeal, with great connections across the region to Edinburgh, Dundee and Perth. It also has some of the most outstanding coastal villages and landscapes in the country.
Demand remains very strong for rural family homes, in particular properties that come with a small amount of land and outbuildings, allowing owners to live the dream and buy into idyllic country living in a wonderful dry and sunny part of Scotland.
We have been involved in a number of extremely quick sales over the past three months including Fluthers, in Leslie, which received several early viewings before an offer substantially over the asking price was made only three days after we brought the property to market.
Across the region demand continues to outstrip supply for high calibre properties that are priced sensibly and buyers are being urged to act decisively once they find the right property as competition remains high even as we approach the traditional quieter winter months.
CKD Galbraith operates a network of regional offices located throughout the country and figures for the firm as a whole during the third quarter of 2016 illustrates its ability to market and sell high quality houses drawing buyers from across the UK and beyond.
The firm has reported a 30% increase in the volume of sales achieved compared to the previous quarter of 2016. Local buyers from across Scotland accounted for 58% of sales during the third quarter, whilst 37% came from across the rest of the UK and 5% were international buyers.