Pre Auction Offers on The Rise

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Pre Auction Offers on The Rise

According to Noosa auctioneer Matthew Condon, the number of properties receiving and accepting offers prior to the auction date is on the rise. From a low base of one in ten sales being sold prior to auction, the number has risen to approximately three in ten auctions selling prior to auction.

The news coming from the capital cities is very similar in terms of auction clearance rates, with Sydney hitting a record high last weekend. The Noosa property market traditionally trails the Sydney and Melbourne markets - so the overall consensus is that the climate to sell in Noosa is looking very positive at the moment.