October Property Market Update: Newton-le-Willows Booms and Haydock Offers Hidden Opportunities! 🏠
As we approach the end of October, the property markets in Newton-le-Willows and Haydock are telling two very different stories.
With new listings, fluctuating demand, and changing prices, both areas have seen distinct trends shaping the month. Here's a breakdown of what’s been happening in each town and how THINK Estate Agents is helping both buyers and sellers navigate these shifting market conditions.
Newton-le-Willows: A Surge in Activity
The property market in Newton-le-Willows has been especially active this month. Over the past four weeks, **39 new homes** came to the market, with an impressive **46% of those homes having offers accepted**. This uptick in activity represents a positive shift compared to previous months, likely driven by **falling mortgage rates** and the **pre-Christmas rush** as buyers aim to settle before the festive season begins.
THINK Estate Agents has been at the forefront of this surge, helping two sellers accept **over-asking-price offers** before their homes even officially launched to the market.
Market Snapshot: Newton-le-Willows
- Average property price: £208,450
- Semi-detached properties: £187,962
- Terraced properties: £159,848
- Detached properties: £363,771
Property prices in Newton-le-Willows have seen a steady increase, with prices up 2% from last year and 10% higher than the 2021 peak of £188,713.
Haydock: A Slower Month for Offers
While Newton-le-Willows has been buzzing with activity, the property market in **Haydock** has seen a bit of a slowdown. **27 new homes** came to the market in the past four weeks, but only 11% of those homes had offers accepted, which is a lower rate than in previous months.
This sluggish activity is likely due to overvaluation by some estate agents and sellers, who have tested the market with inflated prices. As a result, 15 properties were reduced in price this month, indicating that buyers are holding back on homes they feel are overpriced.
Despite this, THINK Estate Agents has still been able to help two sellers in Haydock secure **over-asking-price offers**, even before their homes hit the market, by leveraging strategic marketing and connecting with serious buyers.
Market Snapshot: Haydock
- Average property price: £172,202
- Semi-detached properties: £173,617
- Terraced properties: £135,890
- Detached properties: £268,111
In Haydock, property prices have increased **5% from last year** and are up **16%** from the 2021 peak of £147,815, indicating a long-term upward trend despite the recent slowdown.
THINK Estate A gents: Getting Results in Any Market
Whether the market is hot, like in Newton-le-Willows, or moving more cautiously, like in Haydock, THINK Estate Agents is delivering results. With Halloween around the corner, we’ve got a few tricks up our sleeve to help you sell your home for a premium price. By understanding the nuances of each local market, we tailor our approach to ensure sellers achieve the best possible outcomes.
Looking Ahead
Both Newton-le-Willows and Haydock continue to offer opportunities for buyers and sellers, but pricing your property correctly remains key. As the Christmas season approaches and the market shifts, now is the perfect time to act.
Ready to sell your home or curious about what your property could fetch? Contact THINK Estate Agents today, and let’s make your home the next success story!