Aris Dendrinos Market Update 01/09/2016
I hope you're enjoying the warm Spring sun as we head into the final selling season of 2016.
Firstly the Auction results for Marrickville in August are as follows :
|Auctions - 18|
|Sold - 10 (55.56%)|
|Sold Prior - 6 (33.33%)|
|Passed In - 2 (11.11%)|
That's a clearance rate of 88.89%, the highest so far this year. For the full list of results in greater detail simply click here:
What is also very noteworthy unfortunately for buyers is this is the lowest month to date for Auction volumes, a really worrying sign when you consider we are about to enter what is supposedly the busiest selling period of the year.
And whilst the September numbers are looking better if things don't pick up significantly this will be one of the quietest Spring selling periods for the past ten years.
Our next on-site Auction will be this Saturday (3/9/16) :
- 10AM : 4/55 Garnet Street Dulwich Hill : 2 B/R Townhouse + carport & car space
There will be a final inspection fifteen minutes prior and you are all welcome to attend.
If you can't make it to the Auction and would still like to watch it we will be steaming it live on Facebook. Simply click on the link here: