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What's your next move?


Lowest annual increase since 2013 gives warning to over-pricing sellers

  • Annual rate of increase lowest since April 2013 at +2.3%, though overall demand remains strong: 
  • Rightmove traffic at record January levels, with visits up 3% on January 2016’s buy-to-let boosted period  
  • Investor sectors understandably quieter than this time last year on number of properties coming to market and number of properties sold
  • Slower rate of price increases makes it riskier for sellers to over-price their property:
  • Analysis shows sellers are 40% more likely to sell if priced right when they first come to market 
  • Three quarters of agents1 surveyed by Rightmove report price-sensitive markets with buyers reluctant to enquire if property is priced just a few percent too high
  • Price of property coming to market up 2.0% (+£5,986) this month, the smallest price rise at this time of year since February 2009

Here at JP & Brimelow in Chorlton my team and I are here to help you with your buying and selling requirements. Please don’t hesitate to contact the team on 0161 882 2233 for a free MARKET APPRAISAL of your home or for any assistance now or throughout 2017.

'Knowing others is wisdom, knowing yourself is enlightenment.'

Kind regards

Eddie Ellis MNAEA

Director

JP & Brimelow Chorlton  



Barlow Hall Road, Chorlton

Chestnut Avenue, Chorlton

Brookstone Close, Chorlton

Woodgate Road, Whalley Range

St Werburghs Road, Chorlton

Newport Road, Chorlton

Nell Lane, Chorlton

Edge Lane, Chorlton

Queens Court, Chorlton

Lyndhurst Court, Chorlton

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