In South Lanarkshire, the Reality Gap has widened this quarter with buyers on average paying nearly £3,000 less than a property's asking price. The average asking price has fallen by £1,000 to £157,608 and the average selling price has decreased by £3,000 to £154,981.
Quarter | No of properties | Avg asking price (s1homes) | % change | Avg selling price (ROS)* |
---|---|---|---|---|
Q2 (2018) | 2,015 | £160,393 | 0.25% | £149,296 |
Q3 (2018) | 2,077 | £156,865 | -2.20% | £152,676 |
Q4 (2018) | 1,738 | £158,881 | 1.29% | £157,890 |
Q1 (2019) | 1,851 | £157,608 | -0.80% | £154,981 |