WHAT’S HAPPENING WITH THE PROPERTY MARKET ACROSS WEST CORNWALL?

House and red arrowWhat’s the average price of property in my area? How long are properties remaining on the market? Which agents seem to have their customers’ properties on their books for the longest amount of time?

House prices and time on the market in Helston:  http://bit.ly/uGA80t

Total properties for sale in Helston:                                                        110

Properties for sale in Helston listed in the last 14 days:                           11

Average* price of properties for sale in Helston:                                     £220,033

Average time on market (ToM) of unsold property in Helston*:                 146 days

Shortest time on the market in Helston – The Mather Partnership 82 days  – PDQ are 2nd at 85 days (last month PDQ at 64 days)

Longest time on the market  in Helston – Christophers 160 days. (Previous month: Miller Countrywide)

House prices and time on the market in the Penzance area: http://bit.ly/s1ELns

Total properties for sale in Penzance:                                                     241

Properties for sale in Penzance listed in the last 14 days:                                    26

Average* price of properties for sale in Penzance:                                  £219,392

Average time on market (ToM) of unsold property in Penzance*:              200 days

PDQ’s time on the market – 85 days

Longest time on the market in Penzance – Your Move 216 days (previous month: Miller Countrywide at 226 days)

House prices and time on the market in the TR26 (Hayle St. Ives) area: http://bit.ly/XQL0Bi

Total properties for sale in TR26:                                                                        336

Properties for sale in TR26 listed in the last 14 days:                                           25

Average* price of properties for sale in TR26:                                                     £374,755

Average time on market (ToM) of unsold property in TR26*:                                234 days

PDQ’s time on the market – 85 days

Longest time on the market in the TR26 area – Harding and Laity at 196 days (last month: Berwick and Berwick 280 days)

All figures taken from independent website http://www.home.co.uk

*Note: The ‘time on market’ for all towns is calculated by sampling over all properties for sale in the Home.co.uk property search, within 1 mile of the centre of the town in question

I welcome feedback so please feel free to leave constructive criticisms or ask questions below. If you could also take a second to rate my blog and pass it on to others who you think may find it interesting that would be great. Thanks.

About Chris Wood: Chris is an estate agent with over 25 years of property experience. His business, PDQ Estates Ltd is based in Penzance and Helston, West Cornwall. He has worked with all sizes and types of businesses from single office independents to the management team and board of RBS and Tesco. A former President Elect of the NAEA and board member of NFoPP until he resigned in 2009, Chris has always championed the highest professional standards for estate agents in the UK. No stranger to the media, he has appeared on various programs including BBC, News 24, ITV, independent and BBC radio and is a regular contributor to trade journals, local and national Newspapers. Chris is on KloutLinkedIn Ecademy Facebook and Twitter Married to Amanda, he lives in Penzance with their children who are slowly flying the nest, his two dogs and his elderly Uncle. In his spare time; Chris likes to keep fit and is a long-standing member of the Territorial Army. In 2010 he mobilised for a tour of duty in Afghanistan with 1 Rifles as part of 3 Commando Brigade.

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