Largs : Market Review

Neil Bremner

Second Quarter Report 2018

The second Quarter of the year is traditionally the most buoyant for both sales and commissions and 2018 was no exception. Largs and all the surrounding towns and villages showed significant increases in viewing levels and properties with asking prices between £120,000 and £250,000 now showing price increases for the first time since the credit crunch in 2008. Average selling time has also dropped dramatically this year with the majority of properties spending less time on the market than the last ten years. The number of properties being listed for sale however is dramatically less than it was in the boom of 2007 and this reduction of available units is helping increase demand over supply. Competition between estate agents is intensifying all the time but the branch has listed its highest number of units in a six month period since we opened our doors in 2010. Bungalows and mid range family villas are still proving the most attractive properties for buyers of all age ranges with excellent bargains still to be had in apartments some with excellent sea views. As always the office is always on hand to offer free advice on any property related subject either by a free no obligation appraisal or informal meeting in the branch.

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