June 2013 Sales Market Update

Posted on 12 Jun 2013, 12:31 p.m. in Abercromby's, Market Updates

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The Autumn real estate market finished extremely well.

We have seen some exceptional results in the $2m-$5m price range over the past 3 months. This resurgence in the top end is due to a number of Baby Boomers selling the big family home to downsize.

Off market transactions continue to go from strength to strength, accounting for 71% of our business.

We recently sold a luxury apartment in Washington Street, Toorak for just under $6 million, still under construction.

We feel that with Winter now here and school holidays fast approaching, stock levels will slow but demand will continue to be strong.   To learn more about the premier, premium, independent partnership driven business, please feel free to contact us on 9864 5300.



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