ππ GRAVESHAM PROPERTY STATS - November 2024
π Curious about the Gravesham property market (DA11 & DA12)? π‘β¨ Here we look at data for new listings and sales up to November 30th, 2024 π
Headlines - DA11 & DA12
π¨ Property Market Trends You Canβt Ignore! π
- Listings Surge! π November 2024 listings jumped 21% from November 2023 (94 β 114).
- 2024 Smashes YTD Records! π Accumulative listings hit 1,483βa whopping 11% higher than 2023 levels!
- Breaking Averages! π YTD listings outpace the 3-year average of 1,324 by 11%.
π· Gravesend Property Prices: Winners & Losers
- All Properties Average: Β£338,694 β¬οΈ 2% from November 2023.
- Detached Homes Shine! π‘ Β£561,347βup 4% YoY.
- Terraced Triumph! ποΈ Β£346,082βsoaring 6% YoY.
π° Sales Soar in 2024!
- Gross Sales YTD: π 1172β13% higher than 2023 and 4% up from 2022!
- November Success: π‘ 114 sales STCβup 21% YoY (despite a 9% dip from October).
- Consistency is Key: π YTD sales beat the 3-year average by 1%.
π Listings
- π Listings for last Month (November 2024) increased by 21% when compared to November 2023 (from 94 to 114).
- π Accumulative Total Gross Listings YTD (1483) are 11% higher than 2023 YTD levels (1326) and 14% higher than 2022 (1277).
- π 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).
- π· 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).
- π‘ The average asking price in Gravesend, for a Detached property, at November 2024: Β£561,347 (an increase of 4% when compared to November 2023).
- ποΈ The average asking price in Gravesend, for a terraced property, at November 2024: Β£346,082 (an increase of 6% when compared to November 2023).
π° Sales
- π Total Accumulative Gross Sales YTD (1172) are 13% higher than 2023 YTD levels (1024) and 4% higher than 2022 levels (1120).
- π‘ 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).
- π 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.
π - 01474 321957
π§ sales@mandmprop.co.uk / lettings@mandmprop.co.uk