In July, a third (31 per cent) of properties sold for more than the original asking price. This is a sharp fall from June when 40 per cent of properties sold for more than the original asking price, but in line with the previous month’s figure of 33 per cent.
This is also the highest figure on record for the month of July , beating the previous July record of 8 per cent in 2020.
The average number of sales agreed per estate agent branch fell slightly to 10 in July, from June’s figure of 11. Year-on-year, this figure is also slightly lower than during July 2020 when there were 13 sales agreed per branch on average.
There were 28 houses available to buy per member branch in July.
The number of properties available per member branch stood at 28 in July, a slight jump from June’s figure of 23 per branch. Year-on-year this is the lowest figure ever on record for the month of July with the previous lowest July being during 2017 when there were 35 houses available to buy per branch.
