Following a quarterly decline in Q3, buyer demand picked up in Q4, increasing by 2% quarterly and sitting some 4.2% higher on an annual basis, according to the latest Homebuyer Hotspots Demand Index by estate agent comparison site, GetAgent.co.uk, which monitors homebuyer demand across England on a quarterly basis.
Current demand is based on the proportion of stock listed as already sold (sold subject to contract or under offer) as a percentage of all stock listed for sale. The latest index shows that demand for sales homes in England stood at 45.9% in Q4 2024. This marks an increase of 2% on the previous quarter, with buyer appetites remaining 4.2% higher today versus Q4 of last year.
The county that recorded the largest quarterly increase in sales demand was Hertfordshire where Q4 2024 saw a demand uptick of +4.8% compared to Q3. Surrey ranked as the second hottest spot of the market on a quarterly basis, with demand having increased by +4.6%, with Bristol (+4.4%), Wiltshire (+4.1%) and West Sussex (+3.8%).
Berkshire, Buckinghamshire, Oxfordshire, Hampshire and Essex also make the top 10 with respect to the highest increases in quarterly buyer demand levels.