Newton Mearns : Market Review


Mark Jamieson

Third Quarter Report 2018

Newton Mearns Quarter 3 Report

By Mark Jamieson

 

The market continues to see an imbalance between supply and demand where largely there are more buyers than properties for sale within the East Renfrewshire area. 

A total of 21 million pounds worth of property sales were brokered by Corum Newton Mearns during the traditional summer season and this demonstrates tangible activity within the market place. 

Traditional stone houses within Giffnock, three and four bedroom family homes within Newton Mearns along with the hotspots of Clarkston and Eaglesham dominate the headlines where closing dates are still evident albeit the market has seen a reduced number in the summer period. The holiday months within East Renfrewshire can be a real distraction for the market place, however we have continued to see good levels of activity and “for the right property” buyers still go all out to secure their long term dream home. 

Buyers expectations continue to be high with the pressure to be placed on vendors to present their house in as good a condition inside and out as practically possible. It is indeed the higher prices within the East Renfrewshire area that have strengthened buyers focus on expectations

 

Mark's Top Tip: There's a real confidence that the market is going to remain strong into 2019, so getting an accurate valuation and expert advice on how to approach the potential sale of your property is well worth considering. I would encourage you to get in touch with our Newton Mearns branch and discuss your options, obligation free.

 

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