As we look back on Quarter 1 for our Clarkston branch, the signs are very positive, and the local area has enjoyed both a prosperous and energetic start to the year.
The strongest activity in the property market across Greater Glasgow this year has been among families seeking homes in the prime suburban areas of the city which has very much played into the hands of Clarkston, Netherlee and the surrounding areas.
Excellent schooling at all levels, great amenities, spacious accommodation and garden space are all top of the list for families at present, and sellers in the local patch have done well to take advantage of what has been a robust and competitive buyer market.
With media headlines anticipating a slower start to 2023, the reality of market performance has ultimately been far more positive. Our Clarkston branch has already achieved 22 sales over the first few months, with 15 of them going to multi-offer closing dates.
A seller coming to market this year can reasonably expect 4 out of 5 enquiries to convert into a viewing, and this is a ratio that we are seeing in the family market across all suburban areas of the city. This level of buyer demand bodes well ahead of the busy Spring market.
Partner at our Clarkston branch, Marc Leslie, said: ‘Following a great start to the year with high buyer demand and limited property for sale, the dynamic has delivered some fantastic results for our sellers. We are optimistic that the Spring market will continue to provide similar opportunities.’.
With Quarter 1 showing great results, we take a look at some of the headline stats for our Clarkston and Netherlee branch.
Over £10.5m In Total Listings
One of the strongest highlights is the branch having introduced over £10,5400,000 of listings to the market, with an average asking price of £320,000.
650+ Enquiries
So far this year, the team in Clarkston and Netherlee have fielded over 650 enquiries for buyers looking to purchase in the local area.
430+ Viewings
In the first three months of the year, our branch has been proficient in converting enquiries into viewings with over 430 prospective buyers being ushered through the doors. This ratio is very encouraging for this time of year, starting well ahead of the traditional Spring upturn.
22 Sales Secured
Having such a high volume of sales through the first quarter of the year, our clients have been delighted to have benefitted from multi-offer closing dates on a total of 15 properties.
15 Closing Dates
As previously mentioned, the volume of multi-offer closing dates is incredibly high and really bodes well for the busy Spring period
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