West End Sales Market Update – April
West End’s real estate market is a story of recovery. The early months of 2011 were disastrous, with sales volumes the lowest in well over a decade. So having final stats for the year confirm more apartment sales than in 2010 shows the return of confidence in the suburb has been quick.
The wider Brisbane market is still quiet compared to 2010 and West End’s not immune. But it’s fair to say local buyer enquiry levels are strong and we’d argue there’s a relative shortage of properties available for sale. Many West End property owners are holding off from selling and may be a big part of the continued low sales volumes in this first quarter of 2012.
If you’d like a sales market update for your property please call our sales team on 07 3214 6800