Looking at the estate agent listings, it appears as though Dawlish house sellers haven't grasped the fact that real estate prices are tumbling elsewhere.
What is the explanation? Is Dawlish a unique case, or are these properties in the estate agent's windows simply not selling?
Average 2008 sold prices for Dawlish...
Number of Sales 107 82 128 127
Average Price Flat: £135,380
semi det £206,650
Detached £294,404
Terraced £165,792
taken from ...
http://www.rightmove.co.uk/house-prices/find.html?outcode=EX7&country=england&incode=&index=0&propertyType=0&buildType=1
£160.000 is national average.
I have been looking along the south coast, property there seems now to be about £25,000 higher than current Dawlish prices.
Hope that helps.