September often brings renewed activity to the property market, and this year sellers in Bridgnorth are entering an increasingly competitive marketplace.
Rightmove's latest House Price Index shows that the average asking price of a newly listed property fell by 2.0% in August to £364,999, while the number of homes available for sale nationally has reached its highest level for this time of year in 12 years.
For anyone considering selling in Bridgnorth and the surrounding villages, this reinforces the importance of getting the fundamentals right. Accurate pricing, excellent presentation and a strong marketing strategy can make a significant difference when buyers have plenty of choice.
There are positive signs heading into autumn. Rightmove has recorded a 5% increase in buyer demand since late July, indicating that more buyers are beginning to re-engage with the market after the summer.
Commenting on the current market, Nock Deighton Director Andrew Ainge said:
“With more homes coming to market, sellers need to be realistic about pricing from the outset. Getting the price right, alongside strong presentation and marketing, is key to attracting serious buyers.”
If a move has been on your mind, now is a good time to understand how your property would sit within the current Bridgnorth market.