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Increased activity in property market in November

180 transactions through the month

November was a busy month for the Island's property market.

Transactions published on the Manx Property Prices website totalled 180 - 79 more than the previous month.

The average price per property sold stood at £339,684 - around £6,000 higher than the October figure.

Whilst not a true barometer of the state of the market the figures suggest that, despite a slowdown over recent months, there's still significant activity. 

The figures relate to properties priced between £100,000 and £1 million.

The total figure transacted stood at more than £60 million compared with £37.7 million in October.

The months of December, January and February are traditionally the slowest in the property market.

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