A home in Cathays needing refurbishment sold for pounds 18,000 over the asking price
, while in Llanishen three-bedroom semis have been selling for pounds 22,000 more than in March.
8 billion has been knocked off the original asking prices
of properties currently on the market.
ALL-TIME HIGH: Average asking price
for a property coming on to the market up by 0.
Homeowners in Sunderland are also feeling the pinch, slashing their asking prices
by an average of 8%.
The UK average asking price
for the past month was up by 0.
It seems the market has re-ignited this year, with five out of seven months reporting a rise in asking prices
and a surge in buyer activity that has helped in bringing the deflated sector back to life.
1-bedroom, 2-bath condo in new elevator building (Echelon); part-time doorman; dining area, renovated kitchen and bathrooms, hardwood floors, washer/dryer, three exposures of Manhattan skyline; building has roof deck, health club and gym; common charges $629; taxes $2,268; asking price
$840,000; nine weeks on the market.
Despite the steep climb in available inventory, however, median asking prices
also grew over that same period.
Edinburgh was named as the city with the lowest asking price
reductions, with typical discounts of less than 5%, and the proportion of the homes on the market with a price cut is also below the national average.
Some 31 per cent of homes on the market have had the asking price
cut, marking the lowest proportion recorded in two-and-a-half years and a sharp drop from 37 per cent a year ago, Zoopla said.
At the halfway point of 2011 asking price
statistics are following a very similar pattern to last year, with overall gains of 8.
Rightmove said the average asking price
across England and Wales lifted by 1.