Welcome The
local
property
market
certainly
was
New buyer enquiry in our office is stronger
‘‘HOT’’ over Summer and whilst some of our
than
agents did enjoy a well-earned family holiday,
averaging
it
has
been
56
in
the
last
new
enquiries
buyers
relocating
5
years,
per
week.
we were incredibly busy during this period. Interest
from
out
of
the
Spring is traditionally the selling season in the
Eastern growth corridor is incredible. Open day
property industry, and our agents transacted over
attendance numbers are very strong, time on the
$30 million in sales in this period. The momentum
market is falling, and the number of properties
built
selling for the full asking price is on the rise.
in
Spring
carried
through
to
Summer.
The Christmas/ New Year period can see the market go into recess as families enjoy the festive and holiday period, however this year this certainly wasnt the case. January 2018 our office sold $8.47 million worth of property, more than the 3 previous January’s combined. With
a
transacted there
is
further by
no
our signs
$30 team of
the
million
in
sales
during
Summer,
market
slowing.
If anything, new listing stock is falling slightly that could result in vendors enjoying favorable market conditions as demand begins to outstrip supply. If you have been considering selling, or you are curious how the recent uplift in the property market has impacted the value of your property, please contact our sales team to arrange a no obligation assessment of the value of your asset. Until next time...
Be n Wi ls o n