Friday, 4 November 2016
Buyer competition strengthens Ayrshire property market, reports CKD Galbraith
Scotland’s leading independent property consultancy CKD Galbraith is reporting healthy levels of buyer activity across Ayrshire, resulting in a steady increase in property sales.
Buyers from across Scotland have driven property sales throughout Ayrshire, resulting in a 17% increase during the third quarter of 2016 (July – September) compared to the previous quarter, according to the firm’s Ayr office.
Bob Cherry (pictured above), head of residential sales at CKD Galbraith’s Ayr office, said: “We are experiencing high levels of activity amongst Ayrshire residents who are choosing to either up-size or are relocating to more rural properties which offer excellent value for money. We have also witnessed an upsurge in interest from buyers outside the region, including buyers from Glasgow and Lanarkshire, who are attracted to the high calibre homes and value for money that the Ayrshire property market presents.
“The time taken by our team to sell properties during the third quarter has also decreased significantly. One particularly quick sale was Shield House (pictured above) by Cumnock, which sold within 19 days of appearing on the property market.
“Accurate and sensitive pricing remains vital to ensuring a property generates interest, and ultimately a number of competitive offers. Well-presented properties in the £300,000 - £400,000 bracket continue to produce the highest level of buyer activity, as well as rural properties with a few acres of land, which remain extremely popular throughout Ayrshire as a lifestyle choice.”
CKD Galbraith operates a network of regional offices located throughout the country, and figures for the firm as a whole during the third quarter of 2016 illustrates its ability to market and sell high quality houses drawing buyers from across the UK and beyond.
The firm has reported a 30% increase in the volume of sales achieved compared to the previous quarter of 2016. Local buyers from across Scotland accounted for 58% of sales during the third quarter, whilst 37% came from across the rest of the UK and 5% were international buyers.
7 Killoch Place
Ayr KA7 2EA
Contact: R A Cherry BSc MRICS
Tel: 01292 268181
Fax: 01292 292300
About CKD Galbraith
CKD Galbraith is an independent property consultancy employing 236 staff in offices across Scotland including Edinburgh, Stirling, Perth, Cupar, Inverness, Castle Douglas, Ayr, Elgin, Galashiels, Kelso, and Aberdeen, offering local knowledge, national expertise and enjoying international reach.
The firm is Scotland’s largest and leading rural consultancy managing and providing advice on farm, forestry, land and estate interests on over three million acres. CKD Galbraith provides the full range of property consulting services across the residential, commercial, rural and renewable energy sectors throughout Scotland and northern England.
CKD Galbraith’s Ayr Office is a Founder Member of the Elite Ayrshire Business Circle.