More than 26,000 properties have hit the market in the last four weeks as the traditional spring selling season takes hold
THE spring selling season has started with a bang with new figures revealing 26,829 properties have hit the market in the past month.
THE spring selling season has started with a bang with new figures revealing 26,829 properties have hit the market in the past month.
According to CoreLogic RP Data figures there are now 92,296 properties listed for sale across all capital cities.
The number of new listings is at its highest level since March with additional 8371 sellers keen to take advantage of rising prices in Sydney listing their homes for sale in the past 28 days.
But it is not the capital city with the most properties for sale. Melbourne takes that honour with 26,676 properties listed for sale and an extra 7830 listings added in the past month.
In Brisbane 4206 new listings have been added to bring the total to 16,078.
A recent listing at 114 Hargreaves Ave, Chelmer. Picture: realestate.com.auSource:Supplied
Adelaide has 1964 new listings with a total of 6790 properties on the market while Perth has 3363 new listings and a total of 17,941 homes on the market.
In Hobart another 370 properties have been listed with a total of 1913 properties and in Darwin 180 new listings means there are 1514 properties for sale.
A recent listing in Sydney at 129 Harrington St seeking offers from $1,625,000. Picture: realestate.com.au Source:Supplied
CoreLogic RP Data research analyst Cameron Kusher said confidence remained strong among sellers with new listings numbers trending higher in Sydney and Melbourne.
He said along with Brisbane and Adelaide new listings were higher than they were a year ago.
“New listings continue to trend higher as vendors look to cash in on what have been very strong housing market conditions,” Mr Kusher said.
Source: news.com.au 28th September 2015
