Hawthorn East's apartment market is outperforming this year, unit sales up 13.7 per cent to 283, while house sales have eased 16.1 per cent to 162. Days on market for houses have stretched to 55, up 22.2 per cent, a clear sign that buyers are taking longer to commit even as the median holds up, up 2.0 per cent to $2,330,000.
Unit prices are up too, 4.5 per cent to $595,500, though clearance has eased to 63.4 per cent as buyers remain genuinely selective. Downsizers are the dominant buyer type, and family homes continue to draw strong interest when priced to reflect current conditions.
With stock levels improving across the wider area, vendors who listen to their agent's advice on marketing and pricing strategy are best placed to convert this year's more cautious buyer pool into a genuine result.
Median sale price for houses in Hawthorn East is $2,260,000, down 1.1% from last year.
Median sale price for units in Hawthorn East is $595,500, up 4.4% from last year.
Properties sold for houses in Hawthorn East is 164, down 15.0% from last year.
Properties sold for units in Hawthorn East is 271, up 1.5% from last year.
Auction clearance for houses in Hawthorn East is 68.9%, up 0.4% from last year.
Auction clearance for units in Hawthorn East is 61.5%, down 18.5% from last year.
Av days on market for houses in Hawthorn East is 55, up 22.2% from last year.
Av days on market for units in Hawthorn East is 36, down 23.4% from last year.
$3,200,000
$2,690,000
$2,488,888
$2,300,000
$2,300,000
$2,260,000
$2,235,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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