Well, it is quite obvious to see what the buyers think of the market at the moment with the highest amount of withdrawn properties I have seen for a while. Before I mention the number, I must also add, that sometimes these properties are withdrawn with conditional offers and other negotiations in play. There were … More Sydney Market Commentary – November 25th
As we approach the middle of the last quarter of the year it is interesting to see the amount of property rushing to market and, funnily enough, the amount of buyers scrambling to buy before the holidays. We are still seeing good prices despite the Auction clearance rates being spotlighted negatively at the moment. This … More Sydney Market Commentary – Saturday November 11th
Spring has no arrived, albeit late, the sunny weather seemed to force the buyers out in numbers to open homes across the Upper North Shore at the weekend. This new influx of buyers is timely with Auction numbers starting to spike, Sydney had 831 properties listed for Auction at the weekend. We are certainly in … More Real Estate Market Commentary 5TH NOVEMBER
Scheduled Auction numbers at the weekend represented a figure more in line with what we expect for a Spring market when comparing to the past few years’ figures. Surprisingly, the clearance rate was still quite high, not as high as last week, but with a sharp surge in auction numbers the clearance figure remained strong. … More Real Estate Market Commentary 24TH SEPTEMBER
Well, as many would have expected, the Auction Clearance Results rose again last weekend. … More SYDNEY AUCTION RESULTS – 15TH AUGUST
I have mentioned before that there is a misconception about Sydney property prices in the minds of many and in the pages and screens of media, this is not because of incorrect information but because of the different angle the story is intended to cover. This weekend’s median price of property cleared at Auction was recorded … More SYDNEY AUCTION RESULTS – 20TH JUNE
Still in the 80’s … More SYDNEY AUCTION RESULTS – 30TH MAY
Further to any commentary I have made with regard to property prices, median sale prices and Auction clearance rates, this market, for all intents and purposes, is still ‘booming’. People looking to sell are asking whether the prices will continue to grow or whether we will see the prices fall away shortly or even, whether … More Boom, Crash.
There has been a lot of talk, over the past week especially, in regard to the rising ‘median’ property prices in Sydney, being speculation that it will tip the $1M mark. However, the median price for property cleared at Auction has been, for the most part, above $1M for the majority of 2015. Property prices … More SYDNEY AUCTION RESULTS – 16TH MAY
As anticipated and as planned, there was not much at the weekend with regard to Auctions across Sydney. Most Real Estate agents didn’t open homes, while some did, and most Real Estate agents also didn’t conduct Auctions. Of those who did conduct Auctions, 33 were reported as taking place and 30 were sold. At a … More SYDNEY AUCTION RESULTS – 25TH APRIL
Thomas Merriman 