Newquay is hottest sellers' market, says Rightmove

  • 📰 bbchealth
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Online property portal names Cornish surfing town as place where properties sell fastest.

Rightmove said the ten hottest sellers' markets it recorded had all seen asking prices hit records since the market reopened last May, with seven of them hitting a price record in 2021.

The most popular market after Newquay is Newton-Le-Willows in Merseyside, where just under 82% of listed properties are sold, subject to contract, followed by Plymstock in Devon, where 81% are at that stage in the selling process.It looked at the most popular places people were searching for property, finding

on Rightmove, while neighbouring Devon was the third most searched for and Dorset rose from 20th to 10th.Bradley Start, partner at Start & Co Estate Agents in Newquay, said: "The stock shortage is the worst I've seen in 30 years and there's just seemingly endless demand. "We're getting requests for viewings within minutes of a property going on Rightmove and many properties are going to best and final offers due to the competition, something that usually we would only see a few times a year."

Simon Shepherd, manager of Ashtons in Newton-Le-Willows, said: "The past year has just been crazy. Right now I've had to rip up the rule book because the demand means it's hard to predict what a home is going to sell for, as in many cases we're achieving over the asking price."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 143. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines