Highgate Hill

Highgate Hill real estate sales update

While real estate market-watching’s become a national sport, it’s hard to call any strong price trend in Highgate Hill’s market so far this year. Our median sales prices are down on last year, but have retained much of the growth of the last decade. One clear change is the number of transactions – the 2nd quarter of 2011 has been busier than the first but we’re still on track for just half as many house sales as we saw in 2010. Why? Many local home-owners have withdrawn their properties from sale (or not listed at all) awaiting stronger prices. Overall buyer interest remains fairly solid, albeit at softer prices than last year.

If you’d like a sales market update for your property please call our Highgate Hill specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800