With the New Year fast approaching, you might be asking yourself. Will 2025 be a good time to buy or sell a property in Plymouth?
The good news is that, based on current trends and expert insights, the answer is a resounding yes.
Despite challenges in recent years, the city’s property market remains resilient, with activity levels indicating strong potential for buyers and sellers alike.
Paul Preen, Managing Director of Lang Town & Country, says: “The property market in Plymouth at the moment is quite buoyant. There is a lot of activity out there.”
“This momentum is expected to carry into 2025, creating opportunities for those ready to take the plunge.”
If you’ve been considering moving home, 2025 could be the year to make it happen.
Here, Paul looks ahead to what’s in store for the Plymouth property market in the next 12 months.
A year of challenges and opportunities
Paul explains: “We’ve had a very stop-start year with one thing and another. There’s been, obviously, a general election, which sort of put the brakes on activity, then followed by the budgets.”
These events created some uncertainty in the market, causing hesitation among buyers and sellers. However, despite these challenges, the market showed remarkable resilience.
“Interest rates have dropped from a base rate point of view,” Paul adds. “Although mortgage product rates as of time of filming have actually increased slightly, property is still moving.”
This consistent activity, even in uncertain times, highlights the strength of Plymouth’s property market and sets a positive tone for 2025.
Why 2025 could be the year for buying
If you’re thinking about buying a property, 2025 could present the perfect opportunity.
While interest rates have been a hot topic recently, there’s reason for optimism. Base rates have started to ease, and more competitive mortgage products could emerge as inflation stabilises.
Paul explains: “Although mortgage product rates as of time of filming have increased slightly, the property market is still moving.”
The key for you as a buyer is preparation. Sorting your finances early, securing a mortgage in principle, and understanding your budget will give you the confidence to act quickly when you find the right property.
Plymouth offers a wide range of options, from charming period homes to stylish new builds, meaning there’s something to suit your lifestyle and needs.
By getting ahead of the game, you can take advantage of fresh listings and put yourself in a strong position to secure your dream home.
Is it time to sell your property in 2025?
For sellers, 2025 is shaping up to be a promising year. If you’ve been holding off due to the uncertainty of recent times, now might be the time to take the leap.
Buyers are still actively looking for well-maintained, competitively priced homes, and properties with modern amenities, energy efficiency upgrades, or good access to green spaces are especially in demand.
Paul advises: “If you’re planning to sell in 2025, preparation is everything. Presenting your home in the best possible light and pricing it competitively will give you the edge in what promises to be an active market.”
Simple steps like decluttering, making small repairs, or giving key rooms a fresh coat of paint can help your property shine. And with strong buyer interest in Plymouth, a well-presented home is likely to attract attention and achieve a good price.
Trends to watch that could impact you in 2025
If you’re thinking about moving in 2025, there are a few key trends to keep on your radar:
- Energy efficiency: Buyers are paying more attention to properties with strong EPC ratings and sustainable features. If you are selling, small investments in energy efficiency could make your property stand out.
- Flexible living: More and more people are looking for homes with space for remote working or easy access to green areas. If this sounds like what you’re after, now is the time to start your search.
- Rising demand: Plymouth continues to attract people relocating from other parts of the UK, which means more competition for properties. If you’re selling, this is great news. If you’re buying, being prepared will help you stay ahead.
Making your move with confidence
Whether you’re buying or selling, preparation is key to making the most of Plymouth’s vibrant property market in 2025.
Paul explains: “Taking professional advice early in the process can make all the difference. With the right guidance, you can navigate any challenges and achieve your property goals.
“At Lang Town & Country, the team is here to help you every step of the way. From finding the perfect home to marketing your property effectively, our expert advice can make all the difference.”
So, is 2025 the right year for you to move?
If you’re ready to take the next step and move, there’s no better time than now. Whether you’re buying your first home, upgrading to something bigger, or selling to move onto your next adventure, Plymouth’s property market offers fantastic opportunities.
With strong demand, an active market, and expert support from Lang Town & Country, you can make your move with confidence.
Paul concludes: “2025 promises to be another dynamic year for Plymouth’s property market. Whether you’re buying, selling, or renting, with the right guidance and preparation, there are great opportunities to achieve your property goals.”
I’m ready to move now. What’s the next step?
If you’re thinking about moving, your first step should be to get your current property valued.
Click here to book a free valuation.
Lang Town & Country is Plymouth’s best estate agent for four years running. Please do contact us and we’ll be more than happy to offer advice and a free valuation of your home.
Plymouth Sales – 01752 256000 / Property@langtownandcountry.com
Plymstock Sales – 01752 456000 / Plymstockoffice@langtownandcountry.com
Waterside – 01752 200909 / Waterside@langtownandcountry.com
Lettings – 01752 201010 / enquiries@langtownandcountry.com
Land & New Homes – 01752 278499 / newhomes@langtownandcountry.com
