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Bella Vista Market Snapshot

  • July 31, 2017
  • News
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Bella Vista Market Snapshot

We are your local experts on the Bella Vista market and have been awarded the Agent of The Year in Bella Vista for 2016 and 2017 by ratemyagent.com.au. Together, we have built a reputation for providing the finest service to our clients and exceeding their expectations. Dedicated to Bella Vista, we pride ourselves on being fully informed on this market and like to share this information with all our clients. This ensures they can assess the market and make educated decisions when it comes to buying or selling property in the suburb.

The following sales information has been compiled from RP Data for the period 1 July 2016 to 30 June 2017. We hope you find this a useful snapshot and gives you insights into the property trends of Bella Vista.

Bella Vista Market Snapshot 2016/17

  • Total number of houses sold: 80
  • Median Sale Price: $1,600,000, which is a 15.1% increase on last year
  • Supply of homes: declined by 9.3%
  • Auction clearance rate: 53%

Currently on the market in Bella Vista are 20 houses. During the month of July 2017 there were 5 property sales, whereas in July 2016 there were 7 property sales in Bella Vista. Although the numbers are small, this does represent nearly a 30% decline on last year.  Winter is traditionally a quieter time in real estate and we expect more owners to come on the market to capitalise on the spring selling market.

This is just the tip of the iceberg in terms on market data and would love to talk to you in more detail about the Bella Vista market and welcome you to get in touch with any real estate questions you may have – we would be more than happy to answer these for you.

Soha & Sherry

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