The market is certainly busy – whether you’re looking for a new built or wanting to move up the property ladder – choice in abundance awaits the house hunters.
A total of 314 sales – 69 up on September – tells us that buyers are keen to get in on the action and invest in real estate and their futures. Low interest rates motivate to take the leap and get on the property ladder while the going is good.
The median sale price is slightly down to $585K on the previous month, but up 4.5% year on year – trending upwards nonetheless. Properties sell on average at around 33 days on the market and great results are achieved through auction campaigns. The downside is a lack of available stock – making it hard for buyers to compete in multi offer situations and losing out on their preferred property a couple of times before securing one eventually.
With 2019 drawing to a close, time is running out should you consider moving house – especially if schools are in the picture too. Rest assured – it can still happen, but you’ve got to act NOW!
Contact Linda Dobson on 022 64 50588 for a FREE APPRAISAL to get the ball rolling…