Highgate Hill Sales Market Update – April
The local real estate market in early 2012 is a story of recovery. After a very tough start to last year, sales volumes ended with our slowest year in well over a decade. The improvement in confidence during the last months of 2011 has built momentum.
The wider Brisbane market is still quiet compared to 2010 and Highgate Hill’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. At time of writing there were just 24 Highgate Hill houses on the market in a suburb of around 1000 houses. Many local 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