'Tis the season to be selling...
Suburb Snapshot August 2022 - November 2022
Elanora
A message from Daniel Tavener If the 2022 selling season has shown us anything, it's that RWTE property sale prices continue to deliver in the midst of change. While there has been a level of adjustment in the market over the past eight months, our team continues to leverage buyer demand against reduced stock levels to maximise results for our
Median Sale Price (house)
$1,117,000
Median Sale Price (unit)
$505,000
Average Days on Market
44
Highest Sale
$1,775,000
Currumbin
sellers. The auction clearance rate of property sold by RWTE is currently sitting at 85% for this financial year, in 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. The method of sale has become more commonplace following the pandemic, with vendors and buyers becoming more comfortable and confident with the auction process. RWTE 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. We hope you find the following information of value and wish you a very merry holiday season!
Median Sale Price (house)
$1,122,500
Median Sale Price (unit)
$1,080,000
Average Days on Market
70
Highest Sale
$3,750,000
Currumbin Waters Median Sale Price (house)
$1,137,500
Median Sale Price (unit)
$759,000
Average Days on Market
54
Highest Sale
$2,650,000
Palm Beach
Daniel Tavener Property Specialist / Ray White Tugun Elanora 0431 837 814 / daniel.tavener@raywhite.com
PROUDLY PRESENTED BY DANIEL TAVENER
Awarded
ELITE P E R F O R M E R
Median Sale Price (house)
$1,525,000
Median Sale Price (unit)
$775,000
Average Days on Market
60
Highest Sale
$3,427,500
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DECEMBER 2022 EDITION