Murwillumbah - Greater Area - Northern Rivers - Sale Price Report
Posted on November 15, 2023 • 12 minutes • 2526 words
Property analysis sections
Welcome
Welcome to the Property Panther Murwillumbah - 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 Murwillumbah - Greater Area, a charming region in NSW that offers a relaxed lifestyle surrounded by natural beauty. With a diverse range of housing stock including historical homes, spacious acreages, and modern developments, this area caters to every property buyer’s taste and lifestyle preference. Whether you’re seeking tranquility or outdoor adventures, Murwillumbah - Greater Area has it all.
Last Month Property Summary
In Murwillumbah - Greater Area in Northern Rivers, the market has shifted towards sellers as reflected by a decrease in new sale listings, an increase in median days on market, a decrease in new sold listings, and an increase in median sold price between the prior month and the current month.
Property Type Breakdown
Welcome to the vibrant property market of Murwillumbah - Greater Area in NSW, Australia! With a diverse range of listings, this picturesque region offers an array of properties, from charming houses to vast expanses of vacant land and serene acreages.
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 Murwillumbah - 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 Murwillumbah - Greater Area during the period shown below was 3 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 Murwillumbah - 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 Murwillumbah - Greater Area during the period shown below was $-3261. The trend shows a decrease in the median sold price over time.
Price - By Property Type
Price - By Suburb
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