Hi from Grant Matterson LJ Hooker Narrabeen with a brief June market update
June Property Market Update for the postcode of 2101
It is a great time to sell in our local area. The number of listings has fallen, reducing competition
for home sellers.
House sales prices in Elanora Heights grew 15.2% with the median price at $1,550,000 and North Narrabeen grew 10.9% across 87 individual sales with a median of $1,402,500.
One of the most popular suburbs in our region is Narrabeen where 171 properties were sold over the past year.
Over the past 12 months, buyer interest has lifted with 19 houses and 152 apartments sales.
The median house sales price in Narrabeen is $1,822,000 and the
median unit sales price is $824,000 at this moment
The suburb is tightly held with residents typically holding their house for 9.8 years apposed to an average of seven years before they decide to sell.
All of this means it is now a great time to sell in Narrabeen.
If you would like more information or an update on the value of your property contact me on 0438261600 Grant Matterson LJ Hooker Narrabeen