In Falkirk, the Reality Gap has widened in Q1, as the average asking price remained almost static and the average selling price decreased by more than £8,500 to £141,699. Due to the Reality Gap, properties were sold for £11,000 less than the average asking price.
Quarter | No of properties | Avg asking price (s1homes) | % change | Avg selling price (ROS)* |
---|---|---|---|---|
Q2 (2018) | 670 | £145,169 | 2.26% | £142,718 |
Q3 (2018) | 586 | £148,715 | 2.44% | £149,507 |
Q4 (2018) | 502 | £151,632 | 1.96% | £150,511 |
Q1 (2019) | 410 | £152,883 | 0.83% | £141,699 |