freewaysouth In recent years the real estate market has seemed a little volatile making it hard to decide when is a good time to sell your home. There are some very strong indicators at the moment that suggest that now is the right time to sell your property.
According to a recent report from REIWA (Real Estate Institute of WA), figures for the June quarter 2012 show that property sale turnover increased by 25%. Our own figures from Professionals as a group indicate that this upward trend in rising sales has continued in to the September quarter.
Professionals CEO, David Hobbs said that the local real estate market is definitely in recovery mode and will gain more momentum during the spring months when buyer activity traditionally increases. In particular, Professionals are finding rising demand for homes below the $500,000 price range due to greater activity by first home buyers and investors.
Another key indicator is the number of house listings. If there are less listings in the market, the demand for those houses that are listed increases. This year has seen the number of listings in Perth drop by 30% meaning that there has never been a better time to sell your home.
If you are considering selling your home at the moment and would like to know what it is worth then your first step is to call our office. We have a team of experienced real estate professionals who can come to you and give you a current market appraisal of your home and guide you through the process of selling.