Traditionally the market slows down in Autumn as people’s focus turns to Christmas. We still list properties for sale in November and December, but we find that most people put moving plans on hold until the New Year. As Christmas gets closer, we often have a job on our hands pushing through agreed sales so that people can get settled into their new home in time for Christmas.
We are finding that the local property market is still resilient in terms of house prices. The data from the various house price indices shows that, whilst the Central London property market is faltering, Havering property prices are still increasing, although at a far lower rate than in previous years.
Autumn is a good time for buyers to find a property for sale with a motivated seller. We tend to find that the houses on the market at this time of year have a seller who are committed to selling.