Shropshire Housing Market - November 2016

Nov

Market Analysis

House prices have continued their steady rise in Shropshire, according to the latest figures from analysts here at Nock Deighton.

We produce a monthly House Price Index to track how the housing market is performing, and the latest figures show a monthly increase of 0.8%, and an annual rise of 5.6%.

Sales and marketing director at Nock Deighton estate agents, Michael Nettleton, said: “It seems a fitting way to round off this year’s reports with another steady rise in house prices.

“The prevailing theme throughout 2016 has been consistent gradual increases, which is evidence of a fairly balanced market.

“However, the other recurring message has been a lack of new housing coming on to the market, and that is still very much the case as we close in on 2017.

“What that means is that it is still a good market if you are thinking of selling your house, because the demand is very much there.”

For more information about selling your house in Shropshire, contact the sales team on 01746 767 767.