During the fourth quarter of 2016 (October December) the number of property sales completed by the firm's Cupar office rose by 50% compared with the previous quarter. The number of viewings carried out by the Cupar team also increased by 9% whilst prospective buyer registrations rose by 72% in comparison with the same period of 2015.
Fife continued to experience high levels of demand from buyers during the last three months of 2016. Fife offers a fantastic lifestyle, great connections to nearby cities and outstanding coastal properties so it's no wonder buyers continue to flock to the county. The new Queensferry Crossing and the V & A in Dundee will boost the region further in coming months.
Both national and local buyers are becoming more active during the winter months. The office has had a particularly active January with many savvy buyers taking advantage of the traditionally quieter month to find their next home without the strong spring and summer competition. The Cupar office sold three times more properties in January than in the first two months of 2016 combined.
This change of selling season habits and rising demand should encourage those who are considering putting their homes on to the market not to hold back until the spring. Buyer competition has remained strong throughout the final months of 2016. Good quality homes from 300,000 to 600,000 remain highly sought after.
The firm has witnessed a promising start to 2017 handling over 9.5million worth of property sales and conducting 760 viewings during January alone.