Napier Watt Logo
Jan 2024

Buyer and seller activity jump at start of year

Buyer and seller activity jump at start of year

There has been some promising activity in the property market at the start of the year says Rightmove, in fact markedly stronger than a year ago. More prospective buyers and sellers seem to have the confidence to get their 2024 moving plans started early while buyer demand in the first week of 2024 is also 5% higher than in the same period last year. The number of sales agreed is 20% higher than during the first week of last year, indicating a strong return of buyer confidence when compared with the unsettled post-mini-Budget period a year ago.

Zoopla has also reported that buyer demand and new sales are already ahead of equivalent 2023 levels tracking 14% ahead of early 2023 and new sales agreed are up 16% compared to the first week of last year. The so-called ‘pre-Boxing Day bounce’ saw 11,500 properties listed on Zoopla on 26 December. While there may be more surprises to come, early indicators suggest a more stable year for the mortgage market with lower interest rates after its volatility from September 2022 onwards.

Share with friends and family
Recent news articles
Getting ready to move?

Find out how much your property is worth today by booking a valuation with one of our expert team and see where it takes you. You could be pleasantly surprised.

Call us today on +44 (0)20 7935 0011
Book a valuation
The market is starting to bloom…

Book an up-to-date valuation & appraisal today.

Call us today on +44 (0)20 7935 0011
Book a valuation
Some kind words from our clients…

“Thank you Jonathan and the whole team at Napier Watt for marketing and executing the sale of Buckingham Mews so brilliantly.”

“Fawne in the property management team was extremely efficient and helpful in resolving a number of issues we had at our property – very professional.”

“Very Professional!!
Great list of properties they have. Really made the moving in process very easy and quick.”

“The team did a great job in finding a reliable buyer for my property within a short space of time. The sale went through smoothly Will be instructing them again on my next property.”

We use cookies on this website. You are free to manage cookie settings via your browser at any time. To learn more about how (and why) we use cookies, please take a look at our Privacy Policy.

Ok, got it!