Buyer demand highest in Northumberland and Dorset



Homebuyer demand was stronger in Northumberland than every other region of England in the third quarter of 2021.

In Northumberland 75.3% of homes on the market were snapped up by homebuyers, followed by Dorset (74%), Suffolk (73.8%), Wiltshire (73.7%) and Somerset (73.6%).

Demand is based on the proportion of stock listed as already sold as a percentage of all stock listed for sale (if 100 homes are listed and 50 are already sold, the demand score would be 50%).

The expensive City of London experienced the lowest demand (22.4%), while demand was relatively modest in Greater London (44.2%) and Oxfordshire (58%).

The research comes from the Homebuyer Hotspots Demand Index by the estate agent comparison site, GetAgent.co.uk.

Colby Short, founder and chief executive of GetAgent.co.uk, said: “It is no secret how strong homebuyer demand has been pretty much since the market reopened for business at the start of last year and despite the expiry of the stamp duty holiday, there’s no signs of this heightened activity slowing anytime soon.

“Our latest gauge of buyer demand shows that there is still a remarkable appetite for homeownership across the length and breadth of the nation and with the market continuing to move at such breakneck speeds, it’s no surprise that house prices are still rising.

“For sellers, this should be very welcome news indeed as the chances of finding a motivated buyer who is willing to offer a fair price remain very good indeed.”

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