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Positive Activity And Increased Buyer Confidence In The Perthshire Property Market

The Perthshire property market has continued to see healthy growth according to CKD Galbraith. 

They have reported an increase in property sales and a rise in the number of high quality properties coming to the market during the third quarter (Q3 July to September 2015). 

CKD Galbraith's research shows a promising picture for the Perthshire property market and for the Scottish market as a whole which experienced many changes during the first six months of 2015 including the introduction of a new stamp duty system and the General Election. However, the third quarter's figures for Perthshire reflect the growth and stability that the property market is now benefitting from.

CKD Galbraith's Perth office statistics from the third quarter show:

  • The number of properties sold during this period in Perthshire was up 33% compared to the previous quarter and up 14% compared to same period last year
  • The number of properties on the market has also increase by an impressive 35% compared to the second quarter of 2015
  • Viewings have increased by 11% compared to the same quarter of last year
  • The number of potential buyers registering with the Perth office rose by 21% compared to the last quarter of 2015

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

In the last three months we have seen positive activity and increased buyer confidence in the Perthshire market, however setting realistic guide prices is still essential for anyone hoping to achieve a sale. 

We have certainly seen a resurgence of local buyers moving within the county whilst buyers from elsewhere in Scotland and the UK continue to see Perthshire as a very favourable location to buy property in. 

If you are thinking of selling your home in the near future then do not leave it too late to discuss the market in more depth together with options for marketing your property. I would always recommend that you take advice early so you are ready to go to market at the most opportune moment.