Market Reviews

Neil Bremner reports on the market during the last quarter.
Click on a branch link below to access the quarterly market review for your area.

Market Review

Neil Bremner
Local Director

Largs: 01475 675 001

First Quarter Report 2018

Due largely to some spells of very poor weather across the whole of the British Isles, the number of properties coming to the market in the first Quarter of 2018 showed a marked reduction when compared to the same period last year. North Ayrshire was no exception, but with a lack of stock came an increased demand and some excellent sale prices were achieved across all property types. The market in North Ayrshire is not yet buoyant enough for clients to think about buying their next home before selling their existing property but the average time to
sell has gradually been falling and an accurately priced property should sell within four to six weeks of being marketed.

As always the most popular homes are bungalows (both traditional and modern) and due to high demand, discernible increases in sale prices have been noticed in the last two to three years. Apartments with sea views have also shown signs of price increases.

As we move into the second Quarter of the year, lighter nights and warmer weather should precipitate the largest volume of both listings and sales of any three month period before a quieter month in July. This is now the ideal time to be contemplating either up or downsizing. Most clients thinking of locating to the area start the search for a new home in the Spring and Summer months. The area’s excellent reputation
for lifestyle and leisure, with a particular focus on sailing, increases the popularity of holiday homes and apartments. An initial property appraisal is of course free and without obligation and you may be surprised as to how much your home is worth ten years after the “Credit Crunch”.

Call, email or pop into the Branch and any of our staff would be delighted to arrange a mutually convenient time to bring you fully up to date with the North Ayrshire market.

Corum Largs office
66 Main Street
KA30 8AL

Tel: 01475 675001