by Michael Dowling
As I’m sure most people have heard by now, the Real Estate market locally is beginning to change. Over the past four weeks the average clearance rates at auction have softened from above 80% to now 74% this past weekend.
Generally with an abundance of supply expected to come onto the market end of August leading into Spring it will more than likely supply buyers with a luxury that hasn’t been on offer for the past few years.
If you are considering selling in the next 6 months, I’d recommend you contact me as soon as possible and I can discuss with you what options you may have in order to maximise your profits leading into a changing market.
Remember, the best time to sell is when supply is low and demand is high and although the confidence in buyers is softening supply is still currently low so now might be a great time for you to take advantage of this.
As always, if we can help you with any of your property goals, whether buying or selling, renovating or investing, please feel free to contact our team as we are always happy to help.
McGrath Estate Agents Ryde
M: 0418 637 593