Stay informed with the latest updates from your local property experts! 🏡 As we head into early summer, Plymouth’s property market continues to show strength, with positive signs for both buyers and sellers.
🔹 House prices in Plymouth have climbed by 4.9% year-on-year, now averaging £269,000 – a clear indication of ongoing confidence in the area.
🔹 The number of properties on the market has reached a 10-year high, giving buyers more options and promoting a healthier, more balanced marketplace.
🔹 Despite the rise in listings, demand remains strong, with sales agreed up 15% compared to this time last year.
🔹 A surge in mortgage applications shows buyer enthusiasm is undeterred, even with the new stamp duty thresholds introduced on April 1st.
Mortgage rates are forecast to sit between 4% and 5% for the rest of 2025, so staying proactive and well-informed is more important than ever.
📊 Ready to make your move? Get expert insights, key local trends, and guidance to help you make smarter property decisions.
📥 Read the full report here: 🔗 https://www.martinco.com/wp-content/uploads/2025/05/MartinCo_Plymouth_Market_Report_May25.pdf
