Why hasn’t Corona made the real estate prices drop?
Because although there are a few less buyers in the market, there are a lot less homes for sale meaning the
demand is still strong.
So far for 2020, we have averaged $79,000 over the reserve price for our auctions. We are also at 100% auction
clearance rate and with an average of 6 registered buyers per auction – this is as close as a guarantee as you can find.
Generally, there are 15-20 homes in North Caringbah at any one time. Currently, there are less than half a dozen.
No matter the method you chose to sell with – the timing is absolutely perfect in having buyers fight for your property.