Chelmsford is one of the top hotspots for new properties coming on the market
As the new year rush has prompted sellers to put their homes on the market, we have seen an increase in the number of homes available here in Chelmsford.
According to Rightmove, Chelmsford, Essex is the third-highest on the list of new supply hotspots, with a 58% increase in properties coming to market compared to the same period last year.
However, demand is continuing to outstrip supply in most areas…
At the end of 2021, demand for properties was outstripping supply, with buyers snapping up properties in record times and the number of homes for sale falling to the lowest levels recorded since records began.*
This increase in the number of sellers coming to market in Chelmsford is set against a backdrop of demand, which is up 35% compared to this time last year.
Sellers that are coming onto the marker are being met by plenty of eager buyers looking to snap up their property, with competition still remaining high and the market looking strong for anyone thinking of putting their home up for sale in 2022.
Have you been thinking about selling your home? With Spring right around the corner, why not beat the competition and put your home in front of the many buyers looking for a new home this February and value your property with Martin & Co Chelmsford today?
Thank you for taking the time to find out more about Chelmsford’s property market.
For more information about what is going on in your local area, please don’t hesitate to get in touch with our local property experts at Martin & Co Chelmsford today.
