Analysis by Nested, the fashionable property agent, has revealed that the typical property agent throughout Britain offered 5.3 properties every month in 2022, though Scotland tops the desk, the place as many as 13.1 properties had been offered per agent every month.
Nested analysed the place property brokers had put within the biggest shift primarily based on the estimated variety of brokers in every area, the typical month-to-month quantity of properties offered and what this equated to monthly for every agent.
The analysis exhibits that there are an estimated 13,396 property brokers throughout Britain and in 2022, some 844,995 properties had been offered, equating to a mean of 70,416 properties offered monthly. Because of this, on common, every property agent throughout Britain offered 5.3 properties monthly all year long.
Nonetheless, when analysing this degree of market exercise at regional degree, some areas are dwelling to a far larger promoting price than others. Based on the analysis by Nested, the typical agent in Scotland offered a notable 13.1 properties monthly.
Within the North West, the typical agent offered 8.8 properties monthly, whereas this determine stood at 8.6 properties offered per agent within the East Midlands.
With the London market largely underperforming when in comparison with the remainder of the UK because the begin of the pandemic property market growth, it’s no shock that the area additionally ranks final when it comes to market exercise per agent. In reality, the figures from Nested present that the typical agent inside the capital offered simply 1.8 properties monthly in 2022, with the South East seeing the subsequent lowest degree of exercise at 4.3 properties offered per agent, monthly.
At metropolis degree, Bradford ranks high the place 12.4 properties had been offered per agent each month, adopted by Edinburgh (10.9) and Sheffield (6.5).
Alice Bullard, Managing Director at Nested, the fashionable property agent stated, “Regardless of growing rates of interest and the market instability that adopted September’s mini finances, 2022 remained a busy 12 months for the nation’s property brokers, who continued to service a excessive degree of market exercise.
After all, whereas the market as a complete has stood agency, some areas have remained busier than others and nowhere extra so than in Scotland the place the nation’s brokers offered a fairly exceptional degree of properties.
In distinction, the gradual however regular panorama seen throughout London has meant that the extent of properties offered per agent is significantly decrease than the remainder, though the silver lining is that the charges earned throughout the capital are considerably larger as a result of larger value of property.”