In Argyll & Bute, the Reality Gap has reappeared in this quarter, with properties now selling for £11,000 less than their asking price. This was driven by the growth of the average asking price by 5% to £179,666 and the reduction of 1% of the average selling price to £168,259.
Quarter | No of properties | Avg asking price (s1homes) | % change | Avg selling price (ROS)* |
---|---|---|---|---|
Q2 (2018) | 383 | £181,761 | 4.74% | £161,605 |
Q3 (2018) | 381 | £177,268 | -2.47% | £166,536 |
Q4 (2018) | 325 | £170,866 | -3.61% | £170,378 |
Q1 (2019) | 209 | £179,666 | 5.15% | £168,259 |