🌆🏠 GRAVESHAM PROPERTY MARKET UPDATE

🌆🏠 GRAVESHAM PROPERTY MARKET UPDATE - AUGUST 2024 🏠🌆

The Gravesham Property Market (DA11 & DA12). Here we look at the data for new listings, sales and the time its currently taking to sell a property. Data up to August 31st, 2024 📅

📰 Headlines - DA11 & DA12

📋 Listings

- 📉 Listings for last Month (August 2024) increased by 26% when compared to August 2023 (from 118 to 149).

- 📈 Accumulative Total Gross Listings YTD (1094) are 10% higher than 2023 YTD levels and 16% higher than 2022.

- 📊 This year's YTD listing stand at 1094, which is 11% higher than the historical 3-year YTD average of 987 properties.

- 💷 The average asking price in Gravesend, for ALL property types, at August 2024: £353,954 (an increase of 3% when compared to August 2023).

- 🏡 The average asking price in Gravesend, for a Detached property, at August 2024: £585,394 (a 0% change when compared to August 2023).

- 🏘️ The average asking price in Gravesend, for a terraced property, at August 2024: £356,433 (an increase of 9% when compared to August 2023).

💰 Sales

- 📈 Total Accumulative Gross Sales YTD (838) are 14% higher than 2023 YTD levels and 0.9% lower than 2022 levels.

- 🏡 Gross Sales for August: 149 properties were sold STC in August, a 26% increase from last August's figures (118) and a 16% increase from last month's Gross Sales figures (130).

- 📉 Total accumulative Gross Sales YTD stand at 838, which is 2% below the YTD average of the last 3 years of 858 (2023/22/21).

If you have any questions or need further assistance, do not hesitate to contact the team. We are here and ready to help. 📞💬

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