PropertyPal Monthly Market Snapshot: August 2023

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PropertyPal Monthly Market Snapshot: August 2023

Market Snapshot: August 2023

Sales & Rental Activity Snapshot: August 2023

Average days to reach ‘sale agreed’ during August, 2016-2023

Average listed time to reach sale agreed in August 2023 vs pre-covid average in August 2017-2019: 47 days vs 62 days

Typical time to sale agreed 15 days faster compared to ‘normal market’ conditions.

Average days to reach ‘let agreed’ during August, 2016-2023

Average listed time to reach let agreed in August 2023 vs pre-covid average in August

25 days vs 40 days

Typical time to let agreed 15 days faster compared to ‘normal market’ conditions.

Sales Activity Snapshot: August 2023

New Build Price and Construction Inflation Snapshot: August 2023

£197,100 £204,100 £316,100 £556,900

£178,100 £205,200 £386,100

£166,100

£16,610

£954

£752

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