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2024 Property Market Update: Sales Surge Ahead!

By Benjamin Bird BA(HONS) MNAEA MARLA
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It sounds like the 2024 property market is on fire, with some exciting trends shaping up! Here's a quick summary of the highlights:

  • Sales Surge: Sales agreements have increased by 6% compared to June 2023.
  • More Options for Buyers: Property availability has surged, driven in part by owners selling second homes due to changes in tax laws for holiday lets.
  • High Buyer Demand: Buyer interest has grown by 5%, reflecting strong market enthusiasm.
  • New Sellers Entering the Market: There's been a 20% rise in homes for sale compared to last year, marking the highest supply in eight years. Additionally, new sellers have contributed to a 6% increase in available properties.

It’s a prime time for both buyers and sellers, with plenty of movement in the market. If you're considering selling, it looks like a great time to list your home! You can get in touch with Sterling Homes' local branches in Berkhamsted, Tring, or Kings Langley for more information.

#SterlingHomes #PropertyMarket2024 #RealEstateTrends

About the Author...

Having worked in the industry now for over 25 years, Ben is the head of Sterling and ever present in all three of his offices. With an exceptionally hands on approach Ben conducts most of the valua...
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