With Christmas and the New Year fast approaching, we decided it was a good time to look at the property market in Levenshulme and think about how Edward Mellor has performed in recent months.
Not ones to sit on our laurels, we’re determined to continue to serve our clients and strive for an even better month for December, as we head into the ‘Christmas Rush’.
Due to its convenient transport links to Manchester and Stockport, Levenshulme is very popular with young couples and professional people. First-time buyers are dominating the market and as a result, two-bedroom terraced properties are in high demand.
The blend of period features with modern and trendy décor appears to be highly attractive to first-time buyers who are opting for ‘ready-to-move-in properties’ rather than investment homes that require refurbishment.
Although ex-rental homes and properties with more dated décor aren’t receiving as much interest, our Auction department is always on hand to lead those homes successfully to completion. There is still strong demand from tenants looking for rental properties, so ex-rental and development properties are still highly sought after by savvy landlords on the auction market.
This month we had a 13.3% market share of the 30 properties sold within Levenshulme.*
If you were thinking about listing your property with us then now is the perfect time to do so!
Start your new year with a bang and contact the Edward Mellor Levenshulme branch for more information. Either call us on: 0161 532 7693 or email [email protected] to speak to a member of our experienced team.
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The average sale price for properties in Edgeley over the past 12 months is £232.440, which is a 1% increase in annual sales prices and a 32% rise in sales prices over the past 5 years**.
Currently, we are seeing that homes priced below £300k are selling extremely quickly, especially if they are of ‘turn-key’ standard. Properties which exceed this amount are spending a little longer on the market, however, our experienced Sales Progressor team and our bank of hot buyers means that they tend to be sold within a week of going live.
Overall, this shows there is a significant demand for terraced and semi-detached properties within Levenshulme and that they garner a high level of interest.
Register with us to become one of our hot buyers and receive property updates before they go live on the market!
We have a plethora of exciting success stories this month and it’s no surprise after we’ve listed 15.6% of the market to become the number one estate agent within the area*.
We are committed to achieving the best possible outcome for our vendors and the sale of Langdale Avenue was no different. This mid-terrace property was only on the market with us for a week before it received two offers over the asking price!
With over 40 years of proven experience in helping people buy and sell property, our local teams are on hand to help clients at every stage of their property journeys.
If you would like to sell a property in the New Year, now is the time to list your property to fully capitalise on strong buyer interest going into 2025.
*According to data sourced from Rightmove, reflecting the Levenshulme property market from 01/11/24 – 27/11/24. The postcodes included are M19 1-3.
**dataloft, Levenshulme property sales overview, accessed December 2024
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