Hi I’m Sam from Fine & Country Rugby providing you a quick insight into the first 5 weeks of the New Year and the state of the current property market in your area.
Last month we talked about the challenges of the current property market and of course the uncertainties surrounding the country’s hot topic….. Brexit
It was clear though that the growth in my area of expertise in 2018, namely Warwickshire, South Leicestershire and West Northamptonshire has exceeded most national statistics proving once again that Rugby and its surrounding areas are proving attractive options for buyers moving to the region. Its combination of excellent state and private schools plus the some of the finest commuter links to major cities in the country constantly ensures the region remains a popular choice amongst our buyers.
January was a remarkably busy month, we managed to agree sales on a third of our stock at 99.8% of the asking prices.
Interestingly enough the types of property sold varied dramatically from a building plot, several family homes through to an equestrian home with 18 acres.
Plus we had three well attended launch events on new listings, all of which contributes to the positive thought that buyers are not sitting on their hands waiting for our politicians to sort out the rather pressing political issues.
I recently attended the Fine & Country Rugby Property Exhibition at our prestigious Park lane office in London’s Mayfair, which was bustling with interest from buyers interested in a move from the south. Given what I have previously said about the obvious plusses of our location it was also notable how many people commented on the value for money offered compared to the south.
We love doing these exhibitions as its essential that we are at the forefront of the London buyers’ decision making, giving us a unique opportunity to promote our homes. We have two more scheduled for May and September this year, so if you would like to see your home featured there then please contact me at the Rugby office.
February has already started with a bang with six more sales agreed already and an open house organised with 27 viewings scheduled, proving the market is alive and kicking and buyer demand is high.
Watch this video to find out more about Rugby property market update
There is one thing the local market requires though and that’s new stock. The current levels are seriously depleted and the general consensus is that sellers may be holding back until Brexit, when in actual fact buyers are not, so if you are thinking of moving in 2019 then call me to talk about a tailored marketing strategy to achieve the best price.
In the meantime keep an eye on our websites and social media channels where you can be kept up to date with some of our new homes coming to market.
See you in March for the next update.