Positive activity in the Aberdeen property market continues

Buyer activity in scenic and commutable countryside locations is supporting a buoyant Aberdeenshire property market, according to a new statistical report by estate agents Galbraith covering the first quarter of 2019 ending 31st March.

Positive activity in the Aberdeen property market continues

The number of property sales completed by Galbraith in Aberdeen this quarter (Jan – March) was up 67 per cent on the same three months of 2018, with the team in Aberdeen bringing 27 per cent more properties to market compared to a year ago. 

Galbraith conducted 64 per cent more viewings, 21 per cent more market appraisals and, compared to the previous three months, almost twice as many applicants registered with the firm.  Of those who purchased a property through Galbraith in Aberdeenshire during the quarter, all of them were Scottish, a trend continuing from the previous quarter.    



Hannah Christiansen, head of the estate agency team in Aberdeen, said: “We are witnessing a positive market in Aberdeenshire with more good quality properties coming to market and a good level of serious buyers. There has been no immediate impact of Brexit in the area with the attitude being that life goes on.

Interestingly the majority of buyers have been Aberdeen-based. They are realistic in terms of value and understand the current nature of the local market. These buyers are making functional moves within the market, be it for schools or upsizing to cater for a growing family and ideally looking for a portion of land to improve their lifestyle.  

The Aberdeenshire market still has its challenges but where a property is marketed and priced sensibly, there is a high level of interest and we are achieving good sales, especially for unique countryside houses.”

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