Grafton - Greater Area - Northern Rivers - Sale Price Report
Posted on November 15, 2023 • 6 minutes • 1067 words
Property analysis sections
Welcome
Welcome to the Property Panther Grafton - Greater Area 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 Grafton - Greater Area, a charming region in New South Wales that offers a diverse range of housing stock for property buyers. From picturesque heritage homes to modern developments, this area caters to various lifestyles, with its close proximity to stunning beaches, vibrant community events, and a flourishing arts and culture scene.
Last Month Property Summary
In the Grafton - Greater Area in Northern Rivers, it has shifted towards a seller’s market as the median days on market decreased from 70 to 35, while the median sold price decreased slightly from $497,500 to $467,000 and the number of new sold listings also decreased.
Property Type Breakdown
Grafton - Greater Area in NSW Australia offers a diverse range of property options, with a majority of listings being houses, followed by vacant land, and a sprinkling of unique properties, new house and land packages, and rural retreats.
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 Grafton - Greater Area 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 Grafton - Greater Area during the period shown below was 0 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 Grafton - Greater Area 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 Grafton - Greater Area during the period shown below was $2261. The trend shows an increase in the median sold price over time.
Price - By Property Type
Price - By Suburb
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