PropertyPal Monthly Market Snapshot: October 2023

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PropertyPal Monthly Market Snapshot: October 2023

Market Snapshot: October 2023

Sales & Rental Activity Snapshot: October 2023

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

Average listed time to reach sale agreed in October 2023 vs pre-covid average in October 2017-2019: 50 days vs 62 days

Typical time to sale agreed 12 days faster compared to ‘normal market’ conditions.

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

Average listed time to reach let agreed in

24 days vs 40 days

Typical time to let agreed 16 days faster compared to ‘normal market’ conditions.

Sales Activity Snapshot: October 2023

New Build Price and Construction Inflation Snapshot: October 2023

£204,200 £314,800 £563,900

£180,100

£199,700

£166,700

£16,670

£905

£764

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