In Glasgow/Dunbartonshire, properties are selling at £40,000 above their asking price, a steep increase of almost £18,000 from the previous quarter. This is driven by 4% reduction in the asking price to £133,536 and nearly £12,000 growth in the average selling price to £173,755.
We are still seeing that both viewing requests and sales are still strong in the Glasgow market. What we have now noticed is more and more first time buyers entering the market which is driving prices up across the board.
|Quarter||No of properties||Avg asking price (s1homes)||% change||Avg selling price (ROS)*|