Haydock October Property Market Update: A Slower Month but Opportunities Await!
This October, the Haydock property market saw 27 new homes come to market in the past four weeks. However, only 11% of these properties received offers, a noticeable drop compared to previous months.
What’s Behind the Slowdown?
We believe this slowdown is partly due to overvaluation by other estate agents and sellers testing the waters with inflated prices. Evidence of this is clear, as 15 homes have been reduced this month, suggesting that buyers are cautious about overpaying.
THINK Estate Agents: Helping You Sell for a Premium Price
Despite the market slowdown, THINK Estate Agents has been helping sellers secure over-asking-price offers before their homes even officially hit the market. This month, we’ve done just that for two sellers by using strategic marketing and tapping into our extensive buyer network.
Market Snapshot: Haydock in Numbers
Over the past year, the Haydock property market has remained resilient:
- Average property price: £172,202
- Semi-detached properties: Average price £173,617
- Terraced properties: Average price £135,890
- Detached properties: Average price £268,111
Overall, property prices in Haydock are up 5% from last year and have risen 16% compared to the 2021 peak of £147,815.
Looking Ahead
As we head toward the holiday season and Halloween looms, the property market still holds opportunities for sellers who price their homes correctly. At THINK Estate Agents, we have a few tricks up our sleeve to help you get the best price for your property in today’s market.
If you’re ready to sell and want to get the most out of your home, contact us today—let’s make your property the next success story!
