By March brought with it the welcome return of sunshine and a beautiful array of colourful blooms.The warmer weather also invigorated the local property market, bringing buyers out of their self-imposed winter hibernations in search of new homes. Let’s take a look at what’s been happening in the property market in Larbert, Bonnybridge & Denny during March 2024.
By regularly examining the facts and data, we provide valuable insights to property sellers and buyers, helping you make informed decisions in the ever-changing Larbert, Bonnybridge & Denny property market.
There are currently 191 properties available on the market in our area which is another month-on-month increase. In February, there were 185; in January, there were 178; and in December, there were 154 properties available for sale. This is great news for buyers as the increased amount of choice means that it is easier for them to find properties that match their preferences, budget, and specific requirements.
In March, 94 new properties came to the market. In February, there were 88; in January, there were 70; and in December, there were 41. Having a steady number of properties come onto the market each month protects it from severe fluctuations in sales prices thus ensuring greater predictability for everyone.
In March, 95 sales were agreed in our area. This is another month-on-month increase from 88 last month, 69 in January and is a 69.6% increase since December when there were 56. The local market is very buoyant and we expect it to get even busier as we head towards the summer.
In March, there were 10 price reductions across Larbert, Bonnybridge & Denny. In February, there were 18; in January, there were 15; and in December, we saw 11.
A slow mover is a property that has been on the market for 12 weeks or more. In March, there were 37 in our area. In February, there were 42; in January, there were 45; and in December, there were 40. As one of the top 5 agents in the area with the lowest number of slow movers, we’re proud of our commitment to the 3Ps of estate agency. These are:
- Presentation
- Promotion
- Price.
As the old adage goes, you only have one chance to make a first impression. If any one of these is slightly off, you reduce your chances of achieving a premium price in the market in a timeframe to suit you.
At Alexander Taylor, we work with you to get the 3Ps just right. This is why we are in the top 10 estate agents in the area for the highest average number of views per day per property on Rightmove.
In December, each property in Larbert, Bonnybridge & Denny had an average of 115.7 daily views on Rightmove per property. In January there were 212.4; in February, there were 229; and in March, there were 196.2. If you are considering putting your property on the market now is an excellent time to do it.
If you’re looking for further information about the Larbert, Bonnybridge & Denny property market, or if you’re thinking of selling or buying in the area, please don’t hesitate to get in touch. You can call 01324 811 233 or email info@alexander-taylor.co.uk.
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