Mountain Creek Market Update
Spring Market Update
Spring has sprung, and with additional properties coming to market, it was noticeably different. Prices held firm, with year-to-date growth currently sitting at 10% for houses and 16% for units.
All year we have discussed supply and demand Did the additional properties in spring make a difference?
Short answer: no. Buyers were also out in force over the last few months, with highly qualified purchasers still very active in the market
The higher end of the market has continued to go from strength to strength, with larger properties on premium blocks performing exceptionally well. In fact, 14% of all sales in the last quarter were above $1.5 million.
With only four weeks left for properties to transact and new owners to be in before Christmas, expect strong selling conditions to continue
For owners looking to capitalise on the additional time over Christmas to get their homes ready for an early January launch, now is the time to start the conversation and build a plan
Q3 saw strong engagement, with our combined offices meeting 3,254 buyers at open homes and fielding 6,278 enquiries.
