🌆🏠 GRAVESHAM PROPERTY STATS

🌆🏠 GRAVESHAM PROPERTY STATS - November 2024

📊 Curious about the Gravesham property market (DA11 & DA12)? 🏡✨ Here we look at data for new listings and sales up to November 30th, 2024 📅

Headlines - DA11 & DA12

🚨 Property Market Trends You Can’t Ignore! 📊

Listings Surge! 📉 November 2024 listings jumped 21% from November 2023 (94 → 114).
2024 Smashes YTD Records! 📈 Accumulative listings hit 1,483—a whopping 11% higher than 2023 levels!
Breaking Averages! 📊 YTD listings outpace the 3-year average of 1,324 by 11%.

💷 Gravesend Property Prices: Winners & Losers

All Properties Average: £338,694 ⬇️ 2% from November 2023.
Detached Homes Shine! 🏡 £561,347—up 4% YoY.
Terraced Triumph! 🏘️ £346,082—soaring 6% YoY.

💰 Sales Soar in 2024!

Gross Sales YTD: 📈 1172—13% higher than 2023 and 4% up from 2022!
November Success: 🏡 114 sales STC—up 21% YoY (despite a 9% dip from October).
Consistency is Key: 📉 YTD sales beat the 3-year average by 1%.

📋 Listings

- 📉 Listings for last Month (November 2024) increased by 21% when compared to November 2023 (from 94 to 114).

- 📈 Accumulative Total Gross Listings YTD (1483) are 11% higher than 2023 YTD levels (1326) and 14% higher than 2022 (1277).

- 📊 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).

- 💷 The average asking price in Gravesend, for ALL property types, at November 2024: £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).

💰 Sales

- 📈 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).

- 📉 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.

📞 - 01474 321957

📧 sales@mandmprop.co.uk / lettings@mandmprop.co.uk

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