TSPC Buyer demand already ahead of 2024
The Tayside property market is off to an encouraging start in 2025, with early signs suggesting strong buyer demand and growing confidence. TSPC data shows a remarkable uptick in key metrics, setting the stage for what could be a strong year for the housing market.
Under offers rise by 16%
Between 1st and 21st January, the number of properties marked as ‘under offer’ has increased by an impressive 16% compared to the same period in 2024. This surge reflects heightened interest from buyers and faster decision-making, suggesting a competitive market for desirable homes.
Fresh listings see a steady rise
New property listings on TSPC are also on the rise, with a 4% increase compared to the start of last year. While modest, this growth points to a willingness among sellers to test the market early in the year, confident in the prospect of finding committed buyers.
Impressive website activity
Buyer engagement is not limited to property transactions alone. TSPC has recorded more than three times as many website sessions in January 2025 compared to the same period last year. This remarkable growth in online activity underscores the demand for information and opportunities in the housing market.
Sales completed jump 35%
The momentum extends beyond offers, with sales completions since 1st January 2025 up a staggering 35% compared to the previous year. This significant increase highlights that many buyers are translating their interest into action, securing properties and finalising deals early in the year.
A positive outlook for 2025
The combination of increased buyer demand, rising listings, and a surge in completed sales paints a picture of a vibrant property market. These trends reflect growing optimism among buyers and sellers alike, bolstered by the opportunities and potential within the current housing landscape.
For buyers, now is the time to act decisively, as the data suggests a competitive market where properties are being snapped up quickly. For sellers, this early surge in demand offers an excellent opportunity to attract motivated buyers and achieve successful outcomes.
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