Harlow property market June 2024
Jukes Estate Agents Harlow take a look at what’s happening in June 2024 with the property market.
Sales and marketing director Geoff Flewers says: “We love the system devised by The Advisory (https://www.theadvisory.co.uk/)”.
“The Advisory simply take the number of properties for sale and divide that number by how many properties sold”. “This gives you a percentage of property selling & they simply then call it a temperature”.
“They then show it on a thermometer and have a scale showing how hot or cold the market is”.
CM20
Let’s look at CM20:
CM20 is the hottest of all the Harlow postcodes.
June saw the temperature rise to 60°.
If you look at the last 12 months you can see that there has been a consistent warming up of the property market.
There has been 3 reductions and 8 increases.
CM19
Let’s look at CM19
CM19 is the third hottest (or second coolest) of all the Harlow postcodes.
June saw the temperature rise to 51°.
Looking over the last 12 months you can see that although CM19 started at the same temperature as CM20, and although it has made steady progress, it has only reached 51°, some 9 degrees lower than CM20. This in the main was down to two months of cooling off in April & May.
Overall CM19 saw 4 reductions and 7 increases.
CM18
Harlow property market June 2024.
Let’s look at CM18
CM18 is the second hottest of all the Harlow postcodes.
June saw the temperature rise to 58°.
Whilst CM18 is the second hottest Harlow postcodes, it has been cooling off over the last two months. It was the hottest sector in April. However, it is still higher than a year ago.
There has been 6 reductions and 5 increases.
CM17
Let’s look at CM17
CM17 is the coolest of all the Harlow postcodes.
June saw the temperature rise to 47°.
CM17 had a poor first 8 months of the last 12 but has started to recover over the last 4 months
Whilst there has been 4 reductions and 8 increases, it is the only Harlow postcode that is cooler than a year ago.
Conclusion
If we look at the larger picture for the whole of Harlow, we can see the following..
Harlow as a whole stands at 54°. A year ago it was 47°.
That represents a 21.27% increase.
You can read many more articles about the Harlow property market by visiting our blog page (https://jukesestates.co.uk//new/public_html/latest-news/).