Perthshire property market records bumper August

Perthshire Solicitors Property Centre (PSPC), which is made up of 22 local solicitor and estate agency firms, has revealed that 100 homes changed hands last month, with a total sales value of just under £17.5M. This is more than the number of properties sold during any other month of 2016 and also rivals the number sold last August.

Semi-detached villas, bungalows and terraced properties are performing particularly well, as well as flats, with the average property selling for £174,933 during August.

Anne Begg, manger, PSPC, said, “With Autumn just around the corner, we have detected some positive trends which should encourage anyone looking to sell up this season. Looking at July, the value of sales was the highest of any month in 2016, with over £12M worth of homes sold. Now, August has beaten that which is fantastic, and very promising.

“Due to a decrease in stock, which very much reflects the national picture, we are seeing that many properties are going under offer very quickly, sometimes within a few weeks and often over their valuation. This is particularly the case in popular, family centred areas with mid-range properties on offer and good schools nearby.”