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Property Market Update for Sussex

Worthing, Lancing, Shoreham, & Goring-by-Sea 

The Sussex property market has demonstrated remarkable resilience and growth throughout the first half of 2024. With a diverse range of property options and a robust market performance, Sussex continues to attract a broad spectrum of buyers and investors. Here’s an in-depth look at the latest statistics and trends in key West Sussex locations.

Worthing Property Sales 

Worthing remains a highly desirable location for both residential buyers and investors, offering coastal charm and modern amenities.

  • Average House Price in Worthing: £365,000
  • Annual Growth Rate: 4.1%
  • Average Time to Sell: 50 days

Insights: The housing market in Worthing is competitive, with properties selling quicker than the Sussex average.

Sell Your House in Lancing

Lancing stands out as a more affordable option compared to its neighbouring towns, appealing to first-time buyers and young families.

  • Average House Price in Lancing: £320,000
  • Annual Growth Rate: 2.8%
  • Average Time to Sell: 55 days

Insights: Lancing’s affordability and community feel make it a popular choice, though properties may take slightly longer to sell compared to more expensive areas.

Shoreham-by-Sea Property Sales

Known for its maritime heritage and vibrant cultural scene, Shoreham-by-Sea continues to attract buyers seeking a lively coastal lifestyle.

  • Average House Price in Shoreham-by-Sea: £410,000
  • Annual Growth Rate: 4.5%
  • Average Time to Sell: 48 days

Insights: Shoreham’s culture and scenic views keep it in high demand, with properties selling faster than in other Sussex locations.

Sell Your Home in Goring-by-Sea

Goring-by-Sea offers a family-friendly environment and appealing coastal properties, maintaining a strong position in the Sussex housing market.

  • Average House Price in Goring-by-Sea: £375,000
  • Annual Growth Rate: 3.9%
  • Average Time to Sell: 52 days

Insights: Goring-by-Sea’s combination of residential appeal and coastal location makes it a desirable area, with competitive selling times and steady price growth.

Homes to buy in Sussex 

The property market across Sussex is experiencing healthy growth. The combination of coastal living, excellent amenities, and diverse property options continues to attract a wide range of buyers.

For expert advice on buying, selling, or renting properties in Sussex, contact your property experts Alexander Philips. Our experienced team is here to help you navigate the dynamic property landscape and achieve your property goals in Sussex.

Sussex property market update

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