Local market sales continue to boom

News

82 local market property sales went through court in June – the highest number in a month since August last year.

‘We’ve had an amazing month,’ said Swoffers director Andre Austin.

‘There has been a massive bounce back since lockdown with a number of properties selling within 24 hours of being listed.

‘We’ve seen activity at all levels of the market from first time buyers to multi-million-pound properties. It’s been great to help find so many people their perfect homes.

‘There seem to be any number of reasons why people are deciding to make the move now. Lockdown has given people the time to reflect on what they have and perhaps what they really want. This might be a bigger garden or home office or another bedroom or bathroom. Others have perhaps decided to downsize or make the move out of rented accommodation. Whatever their reasons, we are here to help.’

Total sales in 2020 remain down on the same time last year but signs are positive that the current level of activity will continue.

‘We haven’t seen any indication of things slowing down with new instructions coming to the market on a daily basis,’ said Andre.

‘There is still a lack of supply so if you are thinking of selling, now might be the ideal time to list your property.’

Open market sales have yet to reach the positive number achieved pre-lockdown, largely because the island’s borders are still heavily restricted. The experienced team at Swoffers is confident that sales will recover once potential buyers are able to travel here.

‘We are really optimistic and were surprised at the level of activity as soon as we were allowed to start viewings,’ said Shauna Clapham, Swoffers director and open market sales negotiator.

‘We were pleased to have managed to agree and sign a number of open market sales since lockdown and believe that when the borders open, those people we have been talking to over the past few months will visit.

‘I think that Guernsey’s resilience and its ability to be nimble puts the island in a great place to welcome potential relocators,’ said Shauna.

‘Our strong community spirit, underpinned by a stable and secure economy, are a real attraction for people looking for a new place to base their business or buy a family home. We are looking forward to helping people make that move and find their perfect home here in Guernsey.’

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