Buyers Gearing Up For Post Summer Rush

PUBLISHED: 22nd Aug 2016

This is the week of "back to school", of new pencil cases, school uniforms and trips to the barbers. It is also the most popular time to sell for those looking to move before the end of the year.

The past two years have been somewhat unpredictable, we've had a general election, changes in stamp duty bandings, the EU refurendum, and a new Prime Minister. Depending on who you are, these recent events have brought about positive or negaitive news. One thing is for certain, all of the above gives would be buyers an excuse to sit on their hands and to wait and see what everyone else does before deciding whether or not to buy.

It appears now that buyers are ready to come out in force, perhaps this is due to the drop in interest rates to 0.25%, or perhaps those expecting the sky to fall down after the Brexit vote have realised that it's safe to come out of hiding and continue with business as usual.

In the past week we have seen a 466% increase in email enquiries compare to the previous 7 days, and a 75% increase in telephone enquiries specifically relating to properties for sale. All in all a 541% increase in enquiries for our properties in the past 7 days.

For your properties to Buy	Last 28 days	Last 7 days	Previous 7 days	% weekly change
Summary Views	291,043	81,016	50,202	+ 61.4%
Detail Views From Summary	9,758	2,701	1,732	+ 55.9%
Extra Detail Views	16,096	4,759	2,437	+ 95.3%
Total Property Views	316,897	88,476	54,371	+ 62.73%
Emails Sent	33	17	3	+ 466.7%
Total Calls	73	21	12	+ 75.0%
Total Leads	106	38	15	+ 541.7%

This is indisputable evidence that acitivty is increasing and that we are set for a busy September in terms of interest from buyers. If you've been strategically waiting to bring your property to market the end of Summer, it looks like you have made a very good call indeed.