November Sales Market Update

Posted on 14 Nov 2013, 3:49 p.m. in Abercromby's, Market Updates

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The Residential real estate market has shown no sign of waning from the solid results it has produced this year despite being fully tested with a high number of listings.

Suggestions of a boom market remain premature with auction clearance rates well below those recorded at the peak of the market in 2010.

Despite the overall evenness of the market, the strongest prices growth is being recorded in the middle to upper end of the market, indicating the strong contribution of buyers trading up or down.

Not all properties offered for sale make it to our website as 71% of our business is by private sale. A selection of our forthcoming campaigns includes the following:

•           62 Park Street, South Yarra
•           5 Turner Street, Malvern East
•           184 Beaconsfield Parade, Middle Park
•           18 Hornsby Street, Malvern

If you are looking to sell or buy, quietly and discreetly contact one of our team on 98645300 to discuss your real estate matters further.



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