HSPC 2018 Market review

Posted by HSPC on Wednesday, 16 January 2019

Record Growth for HSPC

During 2018 the Highland Property market has suffered from low numbers of properties coming onto the market, with sales also down. This was the picture reflected across Scotland with confidence hampered by continuing economic and political uncertainty. HSPC has found demand for property still strong in the Highlands and average prices increased between 2017 and 2018 by 4%. The number of properties sold was down overall on 2017 by 8%, most of the decrease occurring within the first 2 quarters of 2018 with the last 2 quarters performing better. 

Against this bleak picture HSPC increased its market share and retained its highest share figures ever -throughout 2018, averaging 50% across the year. Sarah Woodcock HSPC Manager comments:

“This is a particularly competitive time for estate agency, with many new online companies promising the world and delivering poor results. HSPC has seen a big increase in the share of sellers choosing to sell through a trusted solicitor firm and HSPC. This is most likely due to the fact they are experienced professionals, with many years of expertise catering for the whole sale process. Sellers choosing HSPC know they can trust the Solicitor firms to protect their interests and get them the best sale”

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