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Scarborough - Price Compression


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#1 spyguy

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Posted 26 November 2011 - 04:37 PM

I've started looking at Right Move a lot recently. It's quite enlightening, even without property bee.

Although I look at a number towns, Scarborough is the most extreme.
As far as I can tell only a handful of houses transact every month.
About 70+ come onto the market - ignoring the re-listing that Property Bee flags.

The low-transaction/high number of 'motivated' sellers is giving rise to situation of nice larger houses in the nice areas (sixth form/hospital) being grouped with the not-so nice areas (Eastfields, everywhere not near the 6th form) not so big houses.

It most be brutal trying to earn a living. I guess the EAs must be earning their cash by blowing off tramps in the park. They certainly are not selling houses.

For a (rough) comparison, York has has about 4 to 5 times the population/housing as 'boro but Rightmove lists the same number of For Sales.

#2 Shrink Proof

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Posted 31 December 2011 - 11:15 AM

I've seen this too. I simply have no idea how Scarborough EAs are surviving.
If you can't stand the heat, get out of the kitchen...

#3 awaytogo

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Posted 06 December 2012 - 03:47 AM

Is there much scarborough property going through
Auction,anyone know which auction rooms they go through.

Edited by awaytogo, 06 December 2012 - 03:49 AM.





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