2023 Property Market: It’s not the headlines but the details that matter…
TPPUK posted on 10th February 2023
First of all, we suggest you do not look at the short term. Property has always been seen as a medium to long term investment and price only matters when you want to move. After all, first and foremost to the majority it is your home.
Whilst we hear reports of a depressed market and “experts” stating prices are to fall, most are not looking at the longer-term averages on what is really happening at the coal face.
The property market for the last 60 years has flourished with on the whole relatively static to moderate price growth over long period with sudden “boom bursts of activity producing rapid price growth” every 15 to 20 years. Most property booms last 18-24 months and then in the transition period back to normal market tends to be affected by the wider economic climate. Whilst 2023 has started quieter, its normal and in fact if we look at the average transactions pre boom, (January 2019 and 2020) the national numbers of sales agreed in January 2023 is slightly higher than the average. (Figures from TwentyEA Data).
Naturally, local market activity may not reflect the national average and different areas may have different market places, but overall, from our point of view we are returning to a normal marketplace with less frenzy, less rapid house price growth and some property will just take a little more time to find a buyer.
2023 will be the year when the true professional, qualified and experienced team of estate agents will demonstrate their value in not only suggesting appropriate market prices and effectively marketing your home – they will also find a buyer and help negotiate the transaction through to completion.
So, if you are thinking of moving in #Anglesey for #Gwynedd this year, please consider asking one of our qualified and experienced marketing specialists to discuss what’s happening in our area and suggest the best price for you.
Are you looking to sell or let your property? Take the first step and find out what your property is worth with a free no-obligation instant valuation.
Williams & Goodwin The Property People are members of the Guild of Property Professionals, National Association of Estate Agents, Association of Residential Lettings Agents, National Association of Valuers and Auctioneers and are Chartered Valuation Surveyors we are members of a National Network of approximately 800 independently owned and operated Estate Agents.
The professionalism of the staff at Williams-Goodwin (Holyhead) in particular Charlotte is absolutely superb. We were in a very sad situation of having to sell my father's bungalow to support his residential care. Although Jamie and Matthew were also involved, initially with the valuation and phot...
Carleen Houbart
Williams and Goodwin offered a simple, no nonsense approach to selling our property, with realistic photographs, and good descriptions of each room. Their staff were also really supportive, knowledgeable and provided clear communication.
Ultimately, they managed to secure a sale after only 3 viewi...
Sion Elias
This was our first experience of selling a property by auction and we were pleasantly surprised by the ease and smoothness of the whole process. The staff at the Llangefni office guided us through and the property was well advertised, attracting a lot of attention from potential buyers. We were kept...
Rhys Jones
I'm delighted to share my outstanding experience with Kerry Hodgson during my recent house purchase. Kerry's expertise and dedication were truly exceptional.
Her in-depth knowledge of the local market helped me find the perfect property, while her attention to detail ensured I made an informed deci...
Sue Porcelli
Very helpful staff
Alan Hughes
My recent experience with Williams & Goodwin Holyhead has a pleasure due to the excellent service Charlotte provided. Communication was excellent and she was very informative and attentive to any queries I had. I couldn't ask for a better Estate agent. Thank you!
Riley Lou
Kerry Hodgson was our agent from start to finish during our house buying process, and she was absolutely brilliant throughout the whole thing. Her responses were pretty much immediate, she was always there for us to answer any questions we had and was always super friendly. She made us feel so at ea...
Vicky Jenkinson
Charlotte Roberts - Property Specialist, was allocated to support us with our house purchase. From the start of our journey in buying our chosen property, right through to the final signing of papers, Charlotte was there supporting and guiding us through all the way. Charlotte has been absolutely ...
Tim
Excellent service from beginning to end. We purchased our first home through Williams & Goodwin and Julia was amazing at ensuring that the whole process went smoothly. Great communication, friendly, polite and highly proactive in making sure that the conveyancing process went as smoothly as poss...
Ian Murdoch
Having never previously sold a property through the Auction Process at first I was very hesitant, but my fears were short lived. Vicki James from the Llangefni office was most professional in all areas including fully explaining the Auction process, formulating the guide / reserve price, keeping me ...
