Market Update
The residential property market is seeing its usual spring uplift, with more homes coming to market and a gradual increase in buyer activity. While momentum is improving, the pace of the market remains measured rather than fast-moving.
This pattern is reflected locally across Torbay. As a well-established and generally resilient market, it continues to perform steadily, although it is not entirely unaffected by wider economic conditions.
The spring market has brought a welcome increase in new listings, helping to improve choice for buyers compared to earlier in the year. Market conditions continue to reward sensible pricing, with well-presented homes attracting the strongest levels of interest, while others may take longer to secure a buyer.
Buyers are still active, but they are approaching decisions carefully. Affordability continues to play a key role, and mortgage approvals remain slightly below recent averages.
Wider global events, including the ongoing situation in Iran, have contributed to a degree of economic uncertainty. This has influenced energy costs and the overall cost of living, which in turn affects confidence for some buyers and sellers. As a result, some are choosing to take a more considered approach to moving.
There is also continued attention on future housing regulations, particularly around energy efficiency standards. While significant changes have been delayed until 2027, these considerations are increasingly part of both buyer and seller decision-making.
Overall, the Torquay market at the end of March 2026 can best be described as steady and balanced. Activity levels are improving with the season, and whilst there is clear movement, it doesn’t have the urgency seen in previous years.
For those planning a move, this can offer a more stable and predictable environment—where the right approach and good preparation can go a long way.
As always, the team at John Couch are here to support you – we are just a phone call away, our knowledge and experience may just help you with the right decision.
With kind regards
John
Call, email or write to us at our office in Wellswood.
We will be delighted to answer any question or provide information on our beautiful town and surrounding area.
John Couch The Estate Agent43 Ilsham Road
Wellswood
Torquay
Devon
TQ1 2JG
Telephone: 01803 296500
Email: [email protected]
Normal Opening Times
Monday - Friday: 9:00AM - 5:30PM
Saturday: 9:00AM - 12.30PM
Viewing out of hours also by appointment.
(We are closed Sundays)
