LonRes Research: Prime London Market Update - March 2021

Prime London Market Update

March 2021

February signals the calm before the statistical storm this year, with lockdown announcements in mid-March 2020 significantly impacting all of our key market indicators last year. That said, the market performance seen in February this year was impressive. Complete the form and delve into the latest findings.

  • SALES MARKET

    Following a drop in new instructions, the number of homes reaching the market in February 2021 was 1% down on 2020 levels and 10% lower than the five-year average (2015 - 2019).

  • LETTINGS MARKET

    The end of February saw the number of available properties remain 76% higher than at the same point a year ago.

  • LONRES CHARTS

    For sales: 'New instructions and stock levels' update and 'Annual change in achieved prices and sales'. For lettings: 'Properties let and new instructions - last 12 months' and 'Achieved rents - annual change' update.

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