πŸŒ†πŸ  GRAVESHAM PROPERTY STATS - November 2024

πŸŒ†πŸ  GRAVESHAM PROPERTY STATS - November 2024

πŸ“Š Curious about the Gravesham property market (DA11 & DA12)? 🏑✨ Here we look at data for new listings and sales up to November 30th, 2024 πŸ“…

Headlines - DA11 & DA12

🚨 Property Market Trends You Can’t Ignore! πŸ“Š
  • Listings Surge! πŸ“‰ November 2024 listings jumped 21% from November 2023 (94 β†’ 114).
  • 2024 Smashes YTD Records! πŸ“ˆ Accumulative listings hit 1,483β€”a whopping 11% higher than 2023 levels!
  • Breaking Averages! πŸ“Š YTD listings outpace the 3-year average of 1,324 by 11%.

πŸ’· Gravesend Property Prices: Winners & Losers
  • All Properties Average: Β£338,694 ⬇️ 2% from November 2023.
  • Detached Homes Shine! 🏑 Β£561,347β€”up 4% YoY.
  • Terraced Triumph! 🏘️ Β£346,082β€”soaring 6% YoY.

πŸ’° Sales Soar in 2024!
  • Gross Sales YTD: πŸ“ˆ 1172β€”13% higher than 2023 and 4% up from 2022!
  • November Success: 🏑 114 sales STCβ€”up 21% YoY (despite a 9% dip from October).
  • Consistency is Key: πŸ“‰ YTD sales beat the 3-year average by 1%.

 
πŸ“‹ Listings
- πŸ“‰ Listings for last Month (November 2024) increased by 21% when compared to November 2023 (from 94 to 114).
- πŸ“ˆ Accumulative Total Gross Listings YTD (1483) are 11% higher than 2023 YTD levels (1326) and 14% higher than 2022 (1277).
- πŸ“Š This year's YTD listing stand at 1483, which is 11% higher than the historical 3-year YTD average of 1324 properties (2023/22/21).
- πŸ’· The average asking price in Gravesend, for ALL property types, at November 2024: Β£338,694 (an decrease of 2% when compared to November 2023).
- 🏑 The average asking price in Gravesend, for a Detached property, at November 2024: £561,347 (an increase of 4% when compared to November 2023).
- 🏘️ The average asking price in Gravesend, for a terraced property, at November 2024: £346,082 (an increase of 6% when compared to November 2023).












 πŸ’° Sales
- πŸ“ˆ Total Accumulative Gross Sales YTD (1172) are 13% higher than 2023 YTD levels (1024) and 4% higher than 2022 levels (1120).
- 🏑 Sales for November: 114 properties were sold STC in November 2024, a 21% increase from last November figures (94) and a 9% decrease from last month's Gross Sales figures (125).
- πŸ“‰ Total accumulative Gross Sales YTD stand at 1172, which is 1% above the YTD average of the last 3 years of 1164 (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.

πŸ“ž - 01474 321957

πŸ“§ sales@mandmprop.co.uk / lettings@mandmprop.co.uk


 


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