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Updated Market Review

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Fri 14 Feb 2020

Updated Market Review

2019 saw the Brixham property market particularly resilient despite the chaotic Westminster scene. As the New Year and new Decade roll into play, many are wondering what will happen in the property market. Will it see a strong resurgence?

The decisive win for the Conservatives at the end of last year meant a clear path forward has been established for the UK and the EU. Regardless of political persuasion, I believe that the clarity surrounding Brexit will result in a bounce in both increased confidence and activity in the Brixham property market in 2020.

You’ll see that from the charts to the left, that there has been very little movement on average property prices over the past 12 months – likely down to the national uncertainty discussed above. This isn’t bad news though - and a period of stability now gives us a stable footing to spring into 2020 with a clear picture of what your property is worth before you head into the market.

Back in Brixham, we have seen another ‘off-season’ with much more investment in and around the harbourside with new bars and upgraded restaurants aplenty – further establishing the town as the up-and-coming jewel of the South Devon coast. Another busy social schedule around the port with the now famous Pirate festival (May 2nd & 3rd) and the return of Fishstock (August 30th) to name just a couple really adds to the buzz that the town is getting more-and-more well known for now. An exciting time to be in Brixham!