Clifton Hill's owner-occupier houses are moving quickly, with days on market down 16.3 per cent to just 36 days and prices up 11.0 per cent year on year to $1.585 million. But speed does not mean buyers are paying any price, clearance sits at 65.3 per cent, a sign that even eager buyers are negotiating firmly.
The apartment market is a standout by comparison, clearing at 85.7 per cent, up a striking 54.3 per cent on last year. Buyers here want homes and units they can move straight into, and turn-key properties are drawing the strongest, most immediate interest.
With buyers still wary of paying above the evidence, accurate pricing built on this year's genuine local sales is essential. Sellers who anchor to an outdated figure risk a longer campaign, while those priced to today's market are finding buyers ready to move fast.
Median sale price for houses in Clifton Hill is $1,575,000, up 9.2% from last year.
Median sale price for units in Clifton Hill is $745,000, up 3.5% from last year.
Properties sold for houses in Clifton Hill is 88, down 13.7% from last year.
Properties sold for units in Clifton Hill is 38, up 22.6% from last year.
Auction clearance for houses in Clifton Hill is 62.5%, down 16.7% from last year.
Auction clearance for units in Clifton Hill is 87.5%, up 57.5% from last year.
Av days on market for houses in Clifton Hill is 36, down 16.3% from last year.
Av days on market for units in Clifton Hill is 18, down 33.3% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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