November 2022 Market Update

November as a whole has generally been quieter which naturally happens this time of the year anyway due to Christmas. The stats for November are very interesting and suggest that house prices maybe going down? In the Newhaven market there were 20 new properties which where listed for sale, which is 6 less than the previous month. 21 sales where agreed which is higher than the previous month sitting at 15. Interestingly, there where 20 price reductions which is slightly more than the previous month at 17. This could suggest that prices are lowering. Its a tricky one to access by just comparing two months but one thing we have noticed is it is slowing down.

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