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Increasing Buyer Confidence As Number Of Properties Coming To Market In Perthshire Increases

The Perthshire property market continues to show encouraging signs of activity.

Our Perth office has handled more sales over the second quarter of the year (period April- June 2015) compared to the same quarter last year and conducted more property viewings.

Research conducted by CKD Galbraith over the Q2 period of 2015 presents an encouraging picture for the Scottish property market as a whole which has witnessed steady growth over the first half of 2015. The firm's overall sales were up 4.65% during quarter two of this year compared to the first quarter of 2015. 

CKD Galbraith's Perth statistics from the second quarter show:

  • 44% increase in property sales this quarter compared to the second quarter of 2014
  • 21% rise in number of properties coming onto the sales market in comparison to the same period last year
  • 9% more property viewings conducted this period compared to first quarter of 2015 and up 16% on quarter two of 2014
  • 29% of sales were completed by local buyers, 63% national, 8% international  
  • The average time taken to sell property was five weeks, down a week from the first period of 2015 with the quickest time taken to sell being four days    

Emma Chalmers, head of residential at CKD Galbraith's Perth office, said: 

"The property market is continuing to show healthy results with our team handling an increase in viewings as buyer confidence has improved post-election and an increase in the number of properties being brought to the market. It is still of notable interest that the area attracts a high percentage of buyers from the national market many of whom are taking advantage of the beautiful Perthshire area."