As an estate and
letting agent in Northampton, it's always exciting to report positive
trends in the property market. The first half of 2024 has shown remarkable
growth compared to the same period in 2023, highlighting a robust and vibrant
housing sector. Every region has seen growth in the number of homes sold
stc.
Looking at each region…
· Leading the growth is East Anglia, where house sales
surged from 52,573 in Q1/Q2 2023 to 64,722 in the same period of 2024, marking
a 23.1% increase. This significant uptick demonstrates the area's appeal
to buyers and investors alike.
· In joint second, The East Midlands saw a growth
of 17.2%, with sales climbing from 37,650 to 44,115. This is a clear
indicator of rising demand and growing confidence in the region.
· Sharing the second place podium is London, which
also experienced a 17.2% growth, with sales increasing from 51,984 to
60,914. Despite the city's high prices, its allure remains strong, attracting
numerous buyers.
· Next is the South East, with sales up from 79,702 to
93,093, resulting in a 16.8% increase. This region continues to be a
hotspot for property buyers.
· The West Midlands also saw a significant increase
of 15.8%, with sales up from 41,405 to 47,941.
· In the North West, sales climbed from 56,496 to
65,368, representing a 15.7% increase. This steady growth highlights the
region's robust market conditions.
· Yorkshire witnessed a 14.9% growth, with sales
increasing from 40,571 to 46,621.
· The North East experienced a growth
of 13.1%, with sales going from 20,656 to 23,362. This growth, though
smaller compared to other regions, still signifies a positive trend.
· In the South West, sales increased from 53,528 to
60,071, a 12.2% growth.
· Wales experienced an 11.2% increase, with sales rising
from 23,339 to 25,948.
· Scotland performed well, with sales increasing from 42,022
to 46,832, an 11.4% growth.
· In last place, yet not least, Ulster saw a modest
increase of 10.4%, with sales rising from 11,408 to 12,599.
This positive trend across all regions is excellent news
for homeowners and investors alike.
If you're considering moving in the next 6 to 12 months,
don't hesitate to give me a call on 01604 801 962 for a no-obligation chat. The current market
conditions are favourable, and I'd be delighted to assist you in making the
most of this exciting time in Northampton’s property market.
