A strong start to the final quarter of 2019 for Sanderson Young indicates the top end of the North East housing market remains buoyant
Sanderson Youngs Rare! brand, which deals with some of the regions most high-profile property transactions at values over £700,000, has reported very strong sales rates in the last quarter of 2019, indicating that the top end of the property market is largely unaffected by political uncertainty.
The offers which have been accepted indicate regional hotspots such as Gosforth, Jesmond and Darras Hall continue to thrive. Sales have also been agreed in Northumberland and County Durham, displaying the regional spread and market dominance of the Rare! brand.
Most importantly, the accepted offers were at an average level of 97% of asking prices, further demonstrating that professional market advice and expert guidance on the propertys value will result in sound interest.
Duncan Young, Chairman of Sanderson Young, commented Whilst it is unusual for the last quarter to be so busy with Christmas on the horizon, we welcome the confidence at the top of the market and the value for money that these properties are providing to high quality well qualified buyers.
