Maldon Housing Market Update - January 2023
As we approach the end of the first month of 2023, lets take a look at what is happening in the local Maldon housing market.
Maldon Housing Market Update - January 2023
The housing market remains a strong topic of conversation, especially after uncertainties within the market in the last quarter of 2022.
Lets take a look at local market activity for the last month, and compare this to the same time last year.
Firstly, lets look at new houses coming onto the market.
CM9 area comparison. January 2022 vs January 2023
New Listings
January 1 - 27 2022 - Total New House Listings - 77
January 1 - 27 2023 - Total New House Listings - 89
Next, lets look at the number of property sales which have been agreed.
January 1 - 27 2022 - Total New Sales Agreed - 47
January 1 - 27 2023 - Total New Sales Agreed - 39
What trends have we seen in the first month of 2023
Firstly, we are still seeing buyer registrations and a demand for homes in the Maldon area, which is a positive sign. We are seeing "quality over quantity" when it comes to viewing numbers on properties locally.
Our sales levels have been identical for January 2023 compared to January 2022, which shows there is still a market for anyone looking to sell.
There is now more choice in the market (our stock levels have increased 166% since the same time last year). With more choice for buyers, having the right estate agent to guide you through the local housing market will be vital to agree a sale!
Holden Estate Agents - Leading the way with sales in CM9!
As the latest information from Rightmove shows, Holden Estate Agents are leading the way when it comes to agreeing sales throughout the CM9 area.
Over 28% of all new sales in January 2023 throughout the CM9 area have been agreed by Holden Estate Agents!
If you are considering selling your home, or have your property for sale in the area with another agent, we would love to help you! Click here to see the three types of valuations that we offer, and pick the right one for you!
*Local housing data taken from rightmove plus, 28 January 2023.