Highland property market interest not damaged by Indy referendum
Despite the uncertainty caused by the Scottish referendum during the summer months, leading property consultants, CKD Galbraith have released new statistics showing that the property market maintained momentum and buyer interest.
The third quarter of 2014 (July-September) saw property sales and letting figures at their main office in the Highlands increase.
CKD Galbraith’s Inverness statistics from the third quarter of 2014 show:
• sales have increased by seven per cent compared to the last quarter of this year and have increased by more than two-fold from the same quarter last year.
• Viewings figures also rose up 42 per cent compared to the last quarter.
• Buyers registered with the firm has also risen by 36 per cent since the second quarter of 2014.
• The average time taken to sell property in Inverness has fallen by three months compared to the previous quarter.
Phiddy Robertson, of CKD Galbraith’s Inverness office, said: "The market in the Highlands has been relatively quiet in the third quarter compared to the first half of the year but this was to be expected.
"Although there was a slight decrease in properties coming to market in the fortnight leading up to the 18th September there has been a considerable increase in viewings, offers and a return to closing dates this quarter."
