'Tis the season to be selling...
Suburb Snapshot August 2022 - November 2022
Tugun
A message from John Parkes
Median Sale Price (house)
$1,000,000
in the midst of change.
Median Sale Price (unit)
$745,000
While there has been a level of adjustment in the market over the past eight months, our team continues
Average Days on Market
49
to leverage buyer demand against reduced stock levels to maximise results for our sellers.
Highest Sale
$3,200,000
The auction clearance rate of property sold by RWTE is currently sitting at 85% for this financial year, in
Currumbin
If the 2022 selling season has shown us anything, it's that RWTE property sale prices continue to deliver
comparison to 75% for the 21/22 financial year. This is a significant uplift, with agent experience across all types of campaigns paying dividends for clients choosing to sell with our team.
Median Sale Price (house)
$1,122,500
Median Sale Price (unit)
$1,080,000
Average Days on Market
70
Highest Sale
$3,750,000
The method of sale has become more commonplace following the pandemic, with vendors and buyers becoming more comfortable and confident with the auction process. Our agents are conducting more auction campaigns now than they were as little as a year ago, with many properties achieving prices well above suburb median values and vendor expectations.
Palm Beach
We hope you find the following information helpful, & as the year draws to a close I'd like to sincerely
Median Sale Price (house)
$1,525,000
Median Sale Price (unit)
$775,000
Average Days on Market
60
Highest Sale
$3,427,500
thank-you for your ongoing support. The privilege of representing someone in the sale of their home & the relationships we get to build along the way is never lost on us & it's why we love what we do. From our family to yours we wish you a very Merry Christmas & hope you get to enjoy some quality time with those you love over the festive season.
Bilinga
John Parkes Selling Principal / Ray White Tugun Elanora 0418 245 590 / john.parkes@raywhite.com
PROUDLY PRESENTED BY JOHN PARKES
Awarded
Chairman's Elite P E R F O R M E R
2 1 - 2 2
Median Sale Price (house)
$2,145,000
Median Sale Price (unit)
$875,000
Average Days on Market
23
Highest Sale
$3,190,000
DECEMBER 2022 EDITION