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House sales boom in Taunton, say estate agents
7:00am Sunday 16th March 2014 in News
MORE homes are being sold in the Taunton area than at any time since the economic crash, estate agents are reporting.
Most of the movement in the market is at the lower end, while there has been an increase in first time buyers getting on the property ladder.
But agents are warning people not to get carried away just yet – you’re only likely to sell your home if you ask a reasonable price.
Wilkie May and Tuckwood are seeing buoyant sales across its outlets in Somerset and Devon.
Partner John Wrelton said: “We’re back to the amount of transactions of 2006/07 and prices will probably follow suit – there’s definitely a fever in the market we’ve not seen for a while. The property market never remains in the doldrums indefinitely and it’s now beginning to pick up speed.”
Webbers have noticed an upsurge in sales at the “lower end of the market”.
Ed Thorne, manager of the Taunton branch, said: “It’s definitely a lot busier with properties priced under £250,000, while other areas are improving but more slowly.
“If you price your property reasonably you can sell within days. There’s a lot more confidence and 2014 is set to be the year of recovery.”
Marc Richards, a director of Gibbins Richards, said he’s noticed “a marked improvement” compared to the last two or three years.
He added: “The volume of sales has increased in the first two months of the year and there are more first time buyers.
“But the market recovery has to be stable rather than going through peaks and troughs – we’re hoping for a period of steady, gradual growth.”
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