One in six properties sold for more than the asking price in March – the highest recorded since May 2014. The number of sales agreed reached the highest for the month of March since 2007. Demand from house hunters increased, with an average of 13 buyers for every property on
the market
The average number of sales agreed per estate agent branch stood at 12 in March which is an increase from 11 in February. Year on year, this figure is the highest for the month of March since 2007 when the number of sales per estate agent branch also stood at an average of 12.
The number of sales agreed has now increased consecutively each month since December 2020.
The number of sales made to FTBs stood at 27 percent in March, which is a rise from 25 percent in February. This is the highest figure recorded since June 2020.
The average number of house hunters registered per estate agent branch stood at 409 in March, which is an increase from 388 in February.
