📊 CHELTENHAM MARKET UPDATE – MAY
What’s really happening in the Cheltenham property market right now? We’ve taken a closer look at the latest figures across Cheltenham and the surrounding villages, including new listings, agreed sales and the growing number of price reductions sellers should be aware of.
If you’re thinking about moving, these are the trends you need to know
🏡 522 new listings
âś… 353 homes sold subject to contract
📉 411 price reductions across Cheltenham and surrounding villages
The Cheltenham market remains active but buyers are becoming increasingly selective.
With more homes coming to market, competition between sellers has grown, meaning pricing, presentation and marketing matter more than ever.
đź‘€ Viewings may be more considered
🎯 But serious buyers are still moving quickly for the right homes
🏡 Well-presented, correctly priced properties continue to stand out
What does this mean if you’re thinking of selling? Launching your home correctly from day one has never been more important. Buyers are informed, selective and have plenty of choice, meaning pricing, presentation and proactive marketing all play a crucial role in achieving the best result.
At Perry Bishop, we sell 40% faster than the local average and achieve 97% of asking price on average, by getting the detail right from the outset.
📞 If you’re thinking about moving, or simply want an updated view of the Cheltenham market, our team would be happy to help.
We care about property, we care about you.