Islington Property Market 📊 October 2023
- Jacob Littorin
- Nov 1, 2023
- 2 min read
Updated: May 22
Happy Halloween! This is your newsletter on what is happening in the Islington N1, N5, and N7 property market featuring my Islington Sales Collection and Bricks&Logic maps. Enjoy!
Jacob x
October compared with September
🏠 Available Properties: 1,254 - up 2.5% from 1,223 in Sep. ⬆✅
🔍 New Instructions: 291 - up 9.4% from 265 in Sep. ⬆✅
📈 Sales Agreed: 111 - down 23.3% from 146 in Sep. ⬇❌
💰 Price Reductions: 185 - up 16.4% from 159 in Sep. ⬆❌
🕒 Listed for More Than 12 Weeks: 1,275 - down 0.2% from 1,278 in Sep. ⬇✅
👁🗨 Average Daily Views per Property: 66 - up 11.9% from 59 in Sep. ⬆✅
The uptick in average daily views per property suggests an increased interest in the market. However, there are more properties available for sale, but fewer sales are agreed upon, and more price reductions are occurring.
The Islington buyer's market is continuing.
Visit my Islington Sales Collection to search for exciting property sales agreed in N1, N5, and N7 during October. Perhaps your street is on this month's list?
The most expensive property sold during October was a 5 bedroom Detached House on Mortimer Road (N1 5AR). It sold for £6,000,000.
Heya! As the trees turn into all shades of yellow and red, ensure that your property listing's photography is getting updated. Summery photos won't cut it as you want to give the impression of an updated, hot property for sale. If you have a garden and trees, then rake the leaves - it will enhance the presentation of your property.
- Whitney West, your Property Advisor on Littorin Means London.
October 2023 to 2022
Compared with October 2022.
🏠 Available Properties: 1,254 - down 7.8% from 1,372 in 2022 ⬇❌
🔍 New Instructions: 291 - down 5.2% from 307 in 2022 ⬇❌
📈 Sales Agreed: 111 - down 14.5% from 130 in 2022 ⬇❌
💷 Price Reductions: 185 - down 16.3% from 221 in 2022 ⬇✅
🕒 Listed for More Than 12 Weeks: 1,275 - down 9.9% from 1,413 in 2022 ⬇✅
👁🗨 Average Daily Views per Property: 66 - up 10% from 60 in 2022 ⬆✅
⏳ Average time listed on the market: 231 days (33 weeks).
Bricks&Logic Sale Prices
The change in sale prices (sales agreed and live listings), as a percentage, over the last 6 months from 31/10-2023.
My name is Jacob Littorin and I am your Personal Estate Agent in Islington. My mission is to get you the best price and smoothest process when selling your property and moving to your new home, in what might be the biggest transaction of your life. 💜
Follow me and my show Littorin Means London on my socials @JacobLittorin and @LittorinMeansLondon to find out how you can sell your Islington home:
Data source: Rightmove. Data showing resale & new build detached houses, semi-detached houses, terraced houses, unspecified houses, flats/apartments, bungalows, and land.
Map source: Bricks&Logic.
