Market Comment

An up to date analysis of the Cotswolds property market

Last year 2012 was extraordinarily difficult for both buyers and sellers, and agents.  The harsh economic climate created uncertainty and with that none of us have been quite sure of the future.  Having said that, we had a better year than first predicted.  The number of sales and lettings achieved by Butler Sherborn’s three offices with the support of London, were up on the previous 12 months.

Going forward to 2013.  I am cautiously optimistic by the early signs of activity.  Our negotiators have been busy responding to sellers thinking of moving and we certainly have properties for sale, and to let, in the pipeline.

My predictions for 2013 are for a slow but none the less a recovery, and we must manage our expectations. 

Buyers will continue to look for the property that suits them and at the right price. However there is an increasing understanding that property, particularly in this area, is a good investment and that life has to move on. I anticipate a busy year with most sellers and buyers achieving what they want, or need. We will be working hard to encourage buyers and to give them the confidence to make the right offers whilst firmly acting solely in our selling clients interests and negotiating the best possible terms for them.

January 2013