Spring has always been the season of fresh starts. Lighter evenings, longer days and the return of greenery make it a natural time to consider a change. And this year, the Norfolk property market is feeling particularly energised.
At Sowerbys, we've just had one of our busiest months in recent years. March as our most active month for completions since June 2021, totalling more than £61m in property value and it is a strong sign that confidence in the market is very much alive.
But it is not just us seeing the momentum. National figures from Rightmove's April House Price Index show that the number of sales being agreed is up 9% than this time last year, and the number of new sellers entering the market is up 8% too.
But what does it mean for you?
A surge in buyers and more choice than we have seen in years
More homes are coming to market and more people looking to move.
Importantly, there is more property choice at this time of year than we have seen since 2015. That means buyers have more to look at, but it also means you need to move quickly when you see something you love.
Be first to know – register with us today
At Sowerbys, we often introduce homes to registered buyers before they appear on the property portals. If you are only relying on Rightmove or Zoopla alerts, you might be missing out.
By registering with us, you will hear about the latest homes before they go live online. It is the best way to make sure you are ahead of the crowd – especially in a market where demand is high and well-matched properties are going fast.
Thinking of selling? Now is the time
Rightmove reports that the average asking price has risen by 1.1% in the past month. This makes for a great opportunity for those looking to sell.
With buyer demand so strong and mortgage rates continuing to ease, it is an ideal moment to make your next move.
The average five year fixed mortgage rate is now 4.74%, down from a peak of 6.11% last July. While affordability remains a focus for many, this small shift is giving buyers renewed confidence – and many are already registered with us and ready to view.
We have the applicants. You might have the home they are looking for.
Let us help you take the next step
Whether you are thinking about buying, selling or just keeping an eye on the market, now is the perfect time to take action.
Register with us today to be the first to hear about homes coming to market.
Or if you are considering a sale, book a free valuation with your local Sowerbys branch.
We would love to help you start your next chapter.