The Reality Gap in East Renfrewshire widened in Q1, with properties selling for around £22,000 less than their asking price. This was driven by the average asking price slightly decreasing by £1,500 and the average selling price decreasing more than £12,500 to £241,077.
Quarter | No of properties | Avg asking price (s1homes) | % change | Avg selling price (ROS)* |
---|---|---|---|---|
Q2 (2018) | 773 | £256,031 | -3.27% | £255,307 |
Q3 (2018) | 800 | £261,124 | 1.99% | £265,419 |
Q4 (2018) | 826 | £264,551 | 1.31% | £253,828 |
Q1 (2019) | 888 | £262,948 | -0.61% | £241,077 |