Understanding the price distribution in PA34 helps sellers position their property competitively and buyers understand what to expect. Our data shows that the majority of listings, 43 properties, fall in the £100k-£200k range, representing first-time buyer and starter home territory. This is followed by 28 listings in the £200k-£300k bracket, typically family homes and larger flats. The 12 properties in the £300k-£500k range mainly consist of detached homes in desirable locations around Oban.
At the premium end, there are 6 properties between £500k-£750k, 4 properties between £750k-£1m, and 3 properties over £1m. The presence of high-value properties, reflected in Knight Frank's £1,033,333 average asking price, shows that PA34 does attract buyers seeking luxury coastal or rural properties. For sellers, this distribution suggests that understanding your property's position in the market is crucial for pricing accurately from the outset.
The bedroom distribution reveals strong demand for two-bedroom properties, with 52 listings representing the largest segment. Three-bedroom properties follow with 30 listings, while one-bedroom flats at 6 listings represent the smaller end of the market. Four-bedroom homes at 13 listings and five-bedroom properties at 11 listings serve the family market, with larger seven-bedroom homes at 4 listings typically targeting the premium or multi-generational buyer segment.
Our inspectors have noted that properties in the £100k-£200k range - predominantly one and two-bedroom flats - tend to attract first-time buyers and investors looking for rental opportunities given Oban's tourism economy. The two-bedroom segment represents the sweet spot of the market, and agents with strong presence in this range, like Fiuran Property, understand what features appeal to this buyer demographic. Pricing your property correctly for its bedroom count and position in these bands is essential for a timely sale.