With low levels of stock on the market to start the year, this trend has carried through all of the first quarter of 2021. We have seen unprecedented buyer demand which has led to the surge in home sales and properties selling quickly, pointing to a strong autumn selling season. Ray White Lower North Shore Group sold 110 residential properties alone from 1st January to 31st March 2021.
The auction clearance rate for Sydney alone points to strong price growth. On 27 March, a clearance rate of 87 per cent marked eight Saturdays in a row where more than 80 per cent of homes scheduled for auction, sold under the hammer.
The REA Insights report showed the volume of visitors searching for properties for sale on realestate.com.au had increased by 57.8% compared to a year ago.
The average number of views per listing on realestate.com.au hit a record high in February 2021, rising by 73.9% compared to February 2020, the month before coronavirus restrictions and lockdowns began across Australia.
15A Parriwi Road, Mosman
5 Beds 5 Baths 2 Cars
Undisclosed
View listing
184 Kurraba Road, Kurraba Point
6 Beds 3 Baths 2 Cars
Undisclosed
View listing
11b Redan Street, Mosman
6 Beds 3 Baths 2 Cars
Undisclosed
View listing
Geoff Smith | +61 418 643 923 | geoff.smith@raywhite.com
What a difference a season makes! The last three months have seen the Lower North Shore property market transition from a quiet winter into a vibrant spring. Mirroring the sign of spring, the period from July to September brought a significant surge in sales and buyer interest, signalling renewed momentum … Read more
For the third consecutive September, the team at Ray White Lower North Shore Group traded office chairs for walking shoes, all in the name of supporting Giant Steps. The ’10KADAY’ campaign, a wellness initiative that uses a daily walking challenge to drive fundraising and awareness, has successfully raised $75,042 for … Read more