July was another strong month for Saliba. So far this year, we have listed 138 properties and achieved 101 sales.
Across Sydney, the market is becoming more considered. Buyers are still active, but they are taking more time to compare properties and recognise genuine value.
Buyers Are Becoming More Selective
Today’s buyers have more choice and are making careful decisions.
For sellers, this makes strategy increasingly important. Accurate pricing, strong presentation and experienced negotiation can make the difference between attracting interest and achieving a great result.
More Competition Could Arrive This Spring
Spring traditionally brings more properties to market across Sydney.
More listings mean more choice for buyers. It also means greater competition between sellers.
Combined with uncertainty around interest rates, this is encouraging some homeowners to consider selling before the spring rush.
Timing will be different for every property. Understanding your local market now can help you make a more informed decision.
A Potential Opportunity for Upgraders
Current conditions are also creating an interesting opportunity for families looking to upgrade.
Higher value homes have generally experienced larger dollar adjustments than more affordable properties.
For some homeowners, this means the gap between their current property and their next home has narrowed.
Instead of focusing only on what your current home may sell for, consider what your next property could now cost. The overall changeover figure may be more achievable than expected.
Thinking About Your Next Move?
Whether you are considering selling before spring or planning further ahead, preparation matters.
We are also beginning conversations around Saliba’s Summer Series, with properties launching to market from Boxing Day.
If a move is on your radar, speak with our team about your property’s current position and the timing that could work best for you.