Newton Mearns : Market Review


Mark Jamieson

Fourth Quarter Report 2018

Newton Mearns Quarter 4 Report, 2018

By Mark Jamieson

 

The final quarter of 2018 realised 16 million pounds worth of property sales from Corum Newton Mearns. 

 

This was largely made up of family homes between £250,000 and £500,000 with two particular landmark sales well in excess of a million pounds. 

 

Market sentiment at the last quarter confirmed the ongoing imbalance between demand and supply where there is greater demand within the suburban markets of East Renfrewshire. 

 

Buyers have yet again impressed upon vendors and selling agents they are looking for both quality and quantity when being asked to pay premium prices within the East Renfrewshire market. The desire to move seems to be imbedded within the market place and with there being some considerable new build at Maidenhill coming out the ground at the end of 2018 beginning of 2019, this we suspect will further fuel the market place within the area.  

The notable million pound plus sales have ultimately confirmed the market is still alive and well at this rarefied atmosphere, however buyers of course are highly sensitive and fussy to product and design.  

The foundations of the market continue to be properties between £250,000 and £500,000 within walking distance to school, transport links and sports and leisure activities. This is the corner stone of property within East Renfrewshire and Corum can confirm the database of buyers has never been better.  

If you need further advice on presentation and marketing of your own property please do not hesitate to contact our professional, experienced and enthusiastic sales team at our Newton Mearns office. You can email us at n.mearns@corumproperty.co.uk or call us on 0141 639 5888 to discuss the current opportunities.

Mark's Top Tip: There was real confidence that the market is going to remain strong into 2019, an early indications would see this being the case, 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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