It’s no secret that spring is an optimum time to buy and sell property.
Historically known as the ‘spring bounce’, this time of year sees an increased interest in buying and selling properties.
This happens for many reasons: from the brighter evenings helping to showcase homes in an ideal light, to the fact owners and potential buyers often take time to think over big decisions after New Year and during the winter months.
The Spring Statement reported house sales prices have hit a new record, with average asking prices in Scotland reaching £178,000.
In addition, we’ve seen a 2.2% month-on-month increase in prices – and supply is still behind demand by a factor of 2 to 1.
How do these findings translate to the West End property market?
'Improve'
Put simply, if you have had reservations about putting your West End property on the market our advice is – don’t wait any longer.
Selling now means you’re twice as likely to find a buyer in the first week of marketing as you were in 2019.
In fact, according to Rightmove we are experiencing ‘the best ever spring sellers’ market’.
The reduction in property available for onward purchases has been a barrier for potential sellers – but the only way this will improve is when sellers are confident enough to put properties on the market.
Getting on the market now means you’ll be in a far stronger position to move on the right property when it’s available.
And according to Rightmove statistics, the supply is increasing.
The West End property market is always buoyant and weathers storms like the last few years well, so this positive landscape could be even more impactful for property owners in our area.
About Walker Wylie
Directors Barry Walker and Stuart Wylie founded Walker Wylie in 2016, with a vision to offer home sellers in Glasgow exceptional care and service and true value for money.
The agency, based in Woodlands Road, is well known in the area for being transparent and trustworthy as well as highly knowledgeable.
Barry and his family live in the Kelvindale area and the company is a proud supporter of local organisations.
The West End property market is always buoyant and weathers storms like the last few years well, so this positive landscape could be even more impactful for property owners in our area.
Barry Walker
Walker Wylie sponsor Hillhead Tennis Club along with a tournament at the club during July and August.
Barry said: “Giving back to our local community and being part of somewhere that provides an opportunity for everyone, no matter what their level of fitness or experience, to get active and join in, is so important to us.”
On the company’s support for Glasgow West End Today, Barry said: “Walker Wylie appreciate and encourage any opportunities to focus on local communities and people.”
