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Estate agents record high sales in last few months
ESTATE agents in Taunton have said the housing market is booming after high sales figures in the last few months.
Agent Robert Cooney said May was their best month since opening 18 months ago – selling property worth £4million.
Mr Cooney said: “We get a lot of people calling in saying ‘what’s the market looking like’ because they have been told it’s not good – but we are saying the opposite of that. It is all about making sure the price is right. We had the most viewings in April and now we have had the most sales, so it is a knock-on effect. The properties sold varied in value from £99,500 to £900,000 and we are concentrating on keeping our pricing and communication with our clients right.”
Michael Dukes, of Greenslade Taylor Hunt said: “May was solid for us and March was excellent but around that it has been a bit indifferent.
“Out of all our offices, Taunton is the hotbed of them all.”
Webbers said it had four offers in the first week of properties going on the market and sold them for over the asking price.
Edward Thorne, from the Taunton office, said: “This underlines the fact that sensible pricing not only brings a quicker sale but can actually increase the price at which the property will sell for in the end. A good estate agent will always act to achieve the best possible figure. The activity for May was up and we have significant viewings booked, particularly buyers from out of area.”
Sharon Jackman from Webbers’ Minehead branch said activity had been steady.
Connells said it sold in double figures in April with a number of properties going within the first couple of weeks of marketing.
The number of first-time buyers seeking mortgages remained strong – it recorded a 14.5% increase in mortgage sales to first-time buyers compared to last year.
Chris Willey, of Chris Willey & Son, said: “In May we had record numbers of sellers wanting to sell with us.
“At present, the stability of prices, combined with a low supply of property coming on to the market augers well for sellers right now.”
Paul Maxwell, of Gibbins Richards added: “We have had a lot of viewings and you have to be realistic about your pricing. We are busy and we are selling but you are up against some pretty indifferent pricing.”
* For the latest on the local property market, see the County Gazette’s Homelife supplement every week.
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