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Market Monitor Fast Facts

THE first quarter of 2016 was one of the most successful in the current market cycle, for both sales and property management.

Locally, the property market has moved as strongly over the first quarter of 2016 as it finished 2015. With some of the best property now coming to the market and buyer inspections peaking, we expect another strong quarter of sales growth.

The property management market remains tight, with our occupancy rate for the first quarter sitting at 99%.

Did you know?
With a 70% success rate across the 68 auctions conducted for the January-March quarter, buyers are comfortable to buy at auction. This supports our view that we are in peak selling conditions.

Did you know?
With an average time on market of 67 days, buyers are currently very active in securing new property.

Did you know?
We conducted 5238 buyer inspections in  the January-March quarter.

Did you know?
Our property management division is currently at 99% occupancy, showing tenants are willing to sign longer leases in the current market.

Did you know?
Ray White has over four times the number of properties advertised than our closest five competitors.

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