Average selling times – a key indicator of market conditions - have fallen sharply, down from 151 days a year ago to 105 days by the end of June, according to Glasgow Solicitors Property Centre.
Selling prices in Strathclyde in the second quarter of the year rose by almost £4,000 to reach £135,000 after a poor start to the year. Nevertheless, the average property value remained just over £3,000 or 2.4 per cent below the level seen at this time last year. Prices are now 10 per cent below their peak in 2007.
