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FLYING START TO THE 2015 HOMES MARKET

04 September 2015

The feel good factor in the Tayside property market has spilled into 2015.

The eagerly awaited first quarter stats unveiled by the Tayside Solicitors Property Centre paint a positive picture of the homes market in the region.

The average price of a local property now comes in at£144,479 a rise of nearly 4% year on year.

That is good news for sellers and buyers are being reassured that property remains a promising investment in the long-term.

More than 800 properties have come on the market over the first three months of the year, securing a high profile at the Whitehall Crescent flagship.

Centre manager Lynne Hill said: “We were anticipating a busy start to the year after an upbeat 2014. We have not been disappointed.

“With the onset of spring we are also anticipating more properties being brought to market as sellers decide now is the time to consult their solicitor and take advantage of the longer evenings and milder weather.”

Having profiled their homes for sale at the TSPC, in the free Property Guide and on the busy website, Lynne confirmed the number of properties sold through TSPC member firms over the first quarter was 611.

“That is impressive in historic terms and the total value of sales over the first quarter was charted at£88,276,511 - up 2.46%.

“Average prices are up right across the board,” confirmed the TSPC manager.

“Flats are particularly important in the first time buying sector and they are again selling well.

“The TSPC first quarter sales figure of 226 is up an impressive 15% on the same period last year, with the average selling price of£98,855 up 8.6% on the first quarter last year.

“With spring in the air we are witnessing a growing number of properties going under offer and selling quickly. So things are looking positive for 2015.”

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