As 2020 drew to a close some positive news came in the way of Ayr being the winner of the rising house prices for 2020. This according to the Halifax with an average increase of 15.5%.!
This does look quite favourably in the longer term as we are seeing demand from renters and home buyers, who are moving all over the country seeking a life away from the city. Our latest property stats from this time last year have improved significantly. Properties are moving much faster as growth continues. 3 and 4 bedrooms homes continue to drive interest. The average enquiry levels for these types of properties have increased 10-fold.
As home movers continue to surprise us, it is certainly a welcome boost for the local economy where we hope to see further progress once restrictions ease.
Areas such as Fore hill and Alloway have proved very popular, further a field Prestwick has been just as in demand, families are moving for a variety of reasons, key requirements we have found tend to be more modern living and outdoor space for leisure.
As numbers keep moving with demand for good quality homes, the likely hood is it will fuel a resurgent market for renters and home buyers. At Martin & Co Ayr we can offer you a fully managed service taking care of all your property needs If you are looking for any advice on purchasing your next investment property or looking to rent or sell your home then contact our Ayr office on 01292 619 539 who will be delighted to assist you.
