Forster - Greater Region - Mid North Coast - Sale Price Report
Posted on November 15, 2023 • 9 minutes • 1738 words
Property analysis sections
Welcome
Welcome to the Property Panther Forster - Greater Region sale price report! We value your feedback. Please take a moment to complete our survey and help us improve our property analysis.
Who is this useful for?
Home Buyers:
Understand property affordability in your preferred suburb. Get a detailed breakdown of property types and prices, market dynamics including time on market and transaction volume.
Investors:
Use our report to determine the right time to invest. Gain a comprehensive view of property demand, transaction volume, and current market situation to guide your strategies.
Sellers:
Get insights on potential selling time based on market trends. Understand market pace from ‘Time On Market’ and ‘Transaction Volume’, and learn to price your property competitively from ‘Property Price’.
Location Overview
Welcome to the Forster - Greater Region, located in New South Wales, where beautiful beaches and stunning lakeside views meet a relaxed coastal lifestyle. This sought-after area boasts a diverse housing stock, ranging from modern beachfront apartments to spacious family homes, making it the perfect place for property buyers seeking a tranquil and idyllic lifestyle.
Last Month Property Summary
In Forster - Greater Region in Mid North Coast, the real estate market is shifting towards a seller’s market, as there are fewer new sale listings, shorter median days on the market, and higher median sold prices compared to the prior month.
Property Type Breakdown
The property stock in Forster - Greater Region offers a diverse range of options, with houses accounting for 45% of the listings, followed by vacant land at 21% and apartments/units/flats at 12%, making it an attractive destination for those seeking various types of properties.
Property Demand - Time On Market
Looking at the number of days it takes to sell a property is a good indicator of the amount of demand in a market because it shows how quickly properties are being purchased, reflecting interest and competition among buyers.
Time On Market - Overall
This chart shows how many properties were sold in Forster - Greater Region during the month of September. Each bar in the chart represents a range of days that properties were up for sale before they were sold. Properties that were on the market for more than 200 days are not included.
The average monthly change in the Days on Market for properties in Forster - Greater Region during the period shown below was 1 days.
This chart shows the trend of Days on Market over time. Each point on the line represents the average number of days a property was on the market before being sold in a particular month.
Time On Market - By Property Type
Time On Market - By Suburb
Property Transaction Volume
Transaction Volume - Overall
Transaction Volume - By Property Type
Transaction Volume - By Suburb
Property Price
Price - Overall
This chart shows the distribution of property sale prices in Forster - Greater Region during the month of September. Each bar in the chart represents a range of prices for properties sold.
The average monthly change in the median sold price of properties in Forster - Greater Region during the period shown below was $8043. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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