Maldon housing market update - April 2019

Holden Estate Agents CM9 housing update

What is happening in the Maldon housing market?

Lets take a look at what is happening in the CM9 housing market - here we take a look at April 2018 vs April 2019 as well as 2018 vs 2019.  Here are the results :-

Sales Agreed

April 2018 - 53 - April 2019 - 55 (up 3.8%)

New Instructions

April 2018 - 125 - April 2019 - 115 (down 8%)

Price Reductions

April 2018 - 68 - April 2019 88 (up 30%)

Here are the year to date results of 2018 vs 2019 in the local housing market

Sales Agreed

January - April 2018 - 197 - January - April 2019 -  227 (up 15%)

New Instructions

January - April 2018 - 464 - January - April 2019 - 472 (up 1.8%)

Price Reductions

January - April 2018 - 196 - January - April 2019  - 285 (up 45%)

There continue to be encouraging signs in the local housing market with more sales being agreed than this time last year.  Similar to our previous posts this year it is clear to see that price is playing a huge part in properties selling, with the continued amount of price reductions in the market.

If you are considering selling your property in the Maldon area please contact your local property experts today.