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Looking Back at 2024 and Glimpsing at a Promising 2025 for the Property Market

15th January 2025

Looking Back at 2024 and Glimpsing at a Promising 2025 for the Property Market

As we step into 2025, it's a great time to reflect on the past year and look forward to what's in store for the property market, especially in the beautiful South Hams region.

2024 presented its share of challenges, with fluctuating economic trends and shifting buyer priorities becoming the "new normal." But through it all, some things remained constant: the importance of exceptional service, transparency, and consistent quality from estate agents.

What We Learned from the 2024 Property Market

Last year's market taught us the importance of:

  • Strong customer care: Providing dedicated support and guidance to buyers and sellers every step of the way is crucial for a smooth transaction.

  • Sensible pricing: Ensuring properties are priced correctly according to current market conditions is essential to attract buyers in a competitive market.
  • Expertise and help Offering reliable advice and support from experienced local estate agents helps clients confidently navigate the complexities of the property market.
aerial photo of a large blue house surrounded by trees with the blue waters of the kingsbridge/salcombe estuary and rolling hills behind it.

Looking Ahead to a Brighter 2025 in the South Hams

Despite the challenges of 2024, the South Hams remains a highly desirable location in Devon, attracting both local buyers and those looking to relocate to the countryside or coast. And there are several reasons to be optimistic about the 2025 property market in this region:

  • Continued demand for South Hams properties: The South Hams' stunning natural beauty, charming towns and villages, and desirable lifestyle continue to attract buyers seeking a change of pace. This includes those looking for coastal properties, rural homes and family houses in Devon.

  • New developments in South Hams: Exciting new housing developments in areas like Newton Ferrers, Kingsbridge and Holbeton demonstrate ongoing investment in the region and provide more housing options for buyers.
  • Upcoming stamp duty changes: These changes may encourage buyers to act quickly in the early part of the new year to take advantage of potential savings.

With the right approach and the expertise of local estate agents, 2025 is shaping up to be a positive and prosperous year for the South Hams housing market.

If you're thinking of buying or selling property in the South Hams in 2025, now is a great time to start planning! Contact us today for expert advice and to discuss your property goals or take a look at our current available properties.

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