Wow this market is Hot.
Buyers will line up, down the street, in the rain for well marketed and well priced property.
One of our properties opened for the first time this weekend had 131 people (yes registered, staggered and socially distanced ) through the door!
4 written offers and 98 Cargill Street is under contract in just 9 days over the asking price!
With only 3522 houses listed for sale, housing stock is skinny! (REIWA Perth Market Snapshot 7/2/21)
If you have a desire to sell, now is the time.
This is a unique time in the market. Historically much of the market’s growth is achieved in these short heated periods of frenetic activity.
I remember being a (much) younger agent in 2006 during the mining boom. The market was similarly buoyant and stock levels were similarly low. An older sales rep said to “remember this market you won’t see this again in your lifetime”. He was wrong. It certainly feels a lot like then, now.
Prices are trending up and investors are coming back to the market, adding extra pressure.
For an insight into the market and your home’s value contact me today on 0417 99 23 24.