The best week for house sales since the middle of September 2022 - 23,897 sales!
... and that isn't a flash in pan either!
The average weekly sale agreed's for last 4 weeks for 23,531 per week.
'Sale Fall Throughs' also dropped from last weeks low figure to 4,897
This represents a fall thru rate this week of 20.49% (i.e. this week's fall-throughs of 4,897 as a percentage of the 23,897 house sales). For comparison, the average for Q1 2023 has been 25.25%, the average for Q4 2022 was 38.7% and long-term 7-year weekly average is 24.26%.
Listings remain strong at 33,902 for the week (Q1 2023 average at 31,116 per week)
The video is for Estate Agents, Letting Agents and people who love the property market.
This week's special guest is Richard Durrant from Relocation Agency Network (RAN) as he joins Chris Watkin (Property Stato) to look, analyse and comment on some exciting property stats, numbers and graphs which reflect the latest trends in the UK and Regional housing market.
In the last 15 mins of the podcast, we focused on the Ipswich property market, comparing market share and the effectiveness of all the Ipswich Agents.
The graphs shown in the video can be downloaded here https://we.tl/t-t8So2k721Z (note these are for personal use and not publication)
view more