The number of house-hunters registered per estate agent branch increased from 258 in February to 274 in March, according to latest statistics from the National Association of Estate Agents (NAEA).
The number of sales agreed per branch increased from an average of seven (6.8) in February to eight (8.0) in March, while the average number of properties available for sale per branch increased from 56 in February to 60 in March.
However, the percentage of first time buyers decreased slightly from 24% in February to 23% in March.
March has been an encouraging month for the property market with a positive number of buyers looking to sell their home. The figures reveal an increase in the levels of housing stock with more properties available for sale per branch – the highest value recorded over the last six months. More house-hunters also registered their interest.
The first time buyer segment of the market remained stable, with a slight decrease on last month’s figures. This brought them in line with the percentage of first time buyer buyers on the market this time last year.