Port Stephens - Mid North Coast - Sale Price Report
Posted on November 15, 2023 • 10 minutes • 1964 words
Property analysis sections
Welcome
Welcome to the Property Panther Port Stephens 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 Port Stephens, a stunning coastal region in NSW that offers a dreamy waterfront lifestyle. With a diverse range of housing options, from beachfront mansions to cozy family homes, this area is perfect for property buyers looking to soak up the sun, enjoy water sports, and indulge in a relaxed coastal lifestyle.
Last Month Property Summary
Based on the given numbers, Port Stephens in Mid North Coast shifted towards a more balanced market, leaning slightly towards buyers, as the median days on market increased and the median sold price decreased in the current month compared to the prior month, while the number of new sale listings and new sold listings decreased significantly.
Property Type Breakdown
In Port Stephens, NSW, Australia, the property stock is diverse and offers options for everyone, with houses taking up the majority at 54%, followed by vacant land at 17%, and a variety of other property types making up the rest of the market.
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 Port Stephens 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 Port Stephens during the period shown below was 2 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 Port Stephens 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 Port Stephens during the period shown below was $-4783. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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