Equestrian
to the wider UK residential market, with peak to trough price falls of around 16 percent to 2009 and below inflation improvements since that time. 2011 prices have fallen back for both equestrian properties and the wider residential market, but equestrian properties remain above 2006 levels.
Equestrian properties have also been selling more quickly than the wider market. The typical property was on the market for 172 days in 2006, increasing to 225 days in 2008 in line with the weaker market performance. However, this fell by nearly half to 119 days in 2010, consistent with trends we have observed across the Hamptons International network. ‘In demand’ properties that are priced correctly have continued to sell well despite the tighter market conditions.
Graph 3: Days on Market 2006 0 50 100 150 200 250 Source: Hamptons International Research 2007 2008 2009 2010
www.hamptons.co.uk/equestrian
©Hamptons International 2011
Days on Market
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8