So the question on everyone’s mind at the moment is – “Is Now a great time to sell?” Well the answer, according to the latest price expectation report run by “RateMyAgent” is YES!!!
Ratemyagent half yearly price expectation report (Jan – June 2020) ask the successful vendors is they sale price achieved was above or below their pricing expectations.
With the uncertainty created by Covid during March and April, Sellers satisfaction has slowly been increasing from May – June. If you have been watching the market this would make complete sense with very little stock coming into the market and still an oversupply of eager buyers.
32% of successful vendors on the Sunshine coast were happy with the price they received against their original expectations.
What will happen with the usual increase of stock into the market come spring time? More stock, less buyers which will reduce buyer competition
If you are thinking of selling now would be a great time to have your property appraised by a trusted agent.