New property market graphs for Islington homeowners

"Is now a good time to sell?"

This might be the most common question among homeowners considering their next chapter. Now, for the first time, Islington homeowners will have access to even more graphs covering N1, N5, and N7. With stunning data from TwentyEA, the UK's leading property data and market intelligence platform, and from Rightmove's House Price Index, the new graphs will cover ratios and asking prices to seek an answer to the question above.

Sales agreed ratio

A higher ratio indicates a slower market, with more new listings than properties being sold. A lower ratio signals a stronger market for sellers. A ratio of 1 means that for every new property listed, one property goes under offer.

Withdrawals ratio

A higher ratio indicates a stronger market, with sellers confident enough to keep their properties listed. A lower ratio suggests less confidence, with more sellers withdrawing their homes. A ratio of 1 means that for every new property listed, one property is withdrawn.

Reference line

For all 11 graphs of the Islington Property Market update, a reference line will now be included to show where the current number stands in comparison with previous months and years.

Asking prices

Every month, Rightmove publishes its House Price Index, covering both national and local statistics. The average asking price reflects all listings advertised on Rightmove. A line is included to show where the current average asking price stands compared with previous months and years. The Rightmove National Asking Price Index is also shown for comparison.

Stay tuned for January's edition of Islington Property Market, out soon.

Jacob x

Your Aspiring Personal Estate Agent  www.jacoblittorin.com ➔ @jacoblittorin ➔