Average sales agreed increased to 11 per branch, a 22% increase from August 2021 despite
the Stamp Duty Holiday end in sight. The number of properties achieving prices over asking price dropped to 27% in September from 37% in August 2021. The number of buyers registered per branch increased by 5% from August and now stands at 458.
In September, the majority of homes agreed sales at the original asking price (47 per cent). This
is a shift away from properties predominantly selling for over the asking price in August.
In August 37 per cent of homes sold for over the asking price. Conversely, in September, just 27
per cent of properties sold for more than asking price. Before March 2021 it had been the norm
for the majority of properties to agree sales at under asking price.
