Aberdeen house sales up though prices continue to fall
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The volume of house sales across Aberdeen and Aberdeenshire has increased for the first time in three years, though prices continue to fall, the Press and Journal reports.
The number of houses sold in the first ten weeks of 2017 has increased by nearly 7 per cent from 940 last year to 1,002 this year, according to ASPC data.
The average price of houses sold over the period in 2017 was £203,725, compared to £207,017 for the same period in 2016.
Bob Fraser, senior property partner at Aberdein Considine, said: “While we are still nowhere near the levels we saw immediately prior to 2015, the market is certainly picking up.
“We are seeing quick sales and, perhaps more importantly, competition for properties, which has even led to some closing dates being set in recent weeks.”
He added: “New stock is now urgently required in the town, a position we haven’t been in since the oil crisis began.”
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