Tuesday, June 18, 2013

Ipswich Estate Agents - The worst of times, the best of times


Sales have been going through the roof at
Jonathan Waters Estate Agents

We are in an interesting housing market right now. By 2007 house prices had been rising for almost 13 years but this came to a quite spectacular end.

Depending on which set of statistics you read, prices dropped anywhere between 5.1% and 16% between the autumn of 2007 and the spring of 2009.

Ipswich estate agents are not always in agreement but my personal viewpoint is, as at Jonathan Waters Estate Agents, the prices and the activity of the market were at their lowest in about October 2008.

In Ipswich, unlike many areas, we were luckier than most. At Jonathan Waters Estate Agents we started to see Ipswich area prices showing the seeds of recovery as early as spring 2009 and by the summer of that year, there were a good deal of sales being agreed, especially in areas such as Grange Farm, Martlesham Heath, Pinewood, The Crofts and east Ipswich.

It is a matter of some debate too, amongst Ipswich estate agents, as to whether we shall ever see the return to pre-2007 activity levels in the housing market. There is, however, no doubt, that in terms of sales and people viewing, that at Jonathan Waters Estate Agents we have seen numerous records broken in the last six months.

These records have stood for over 13 years, in the 13 years that Jonathan Waters Estate Agents have been in Ipswich and the 20 years that we have been in existence as an estate agent.

The record for the number of sales we have agreed in a single month has been broken three times in the last seven months. We first saw a new record made in October 2012, this record was beaten again in February 2013 and positively smashed in March of this year with nearly 60 units achieved of residential sales alone.

On one Friday in April, we achieved 50 viewing appointments in a single day on properties for sale in Ipswich and surrounding areas which was another new record.

February this year saw Jonathan Waters Estate Agents three Ipswich offices take on to the market more properties than any other month in our history.

All these factors must surely an indication that something is underway.

Ipswich Estate Agents - To book a valuation appointment with Jonathan Waters or one of his senior valuation team, please contact:

625 Foxhall Road, Ipswich, Suffolk, IP3 8ND
01473 721133
jonathan@waters-ips.co.uk

35 Buttermarket, Ipswich, Suffolk, IP1 1BH
01473 281188
jonathanwaters@jonathanwaters.co.uk

Bristol Court, Betts Avenue, Martlesham Heath Business Park, Martlesham IP5 3RY
01473 620222
jonathan@waters-ips.co.uk

or visit www.jonathanwaters.co.uk

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