Winter is here and the market is heating up, with fewer properties available for sale creating an increase in buyer competition we are seeing multiple offer presentations, more pre-auction offers and more sales at auction.
The lack of newly listed properties resulted in reduced sales and an increase in the average days it takes for a property to sell, as buyers now consider listings that have sat unsold because of the lack of new options.
This all bodes very well for those looking to sell over the coming months. In order to capitalise on this low supply and high demand to ensure the best price the market has to offer; vendors must expose their property widely to all active buyers.
We continue to have excellent buyer inquiry, but not enough listings so if you are considering selling now is the time capitalise on a tight winter market. to
If you or someone you know is contemplating selling in such a strong market, don’t delay and talk to Ray or Shaun today about an up to date market appraisal and how to set the right strategy to achieve a premium sale price for your property.