Lilydale continues to carry more volume than almost anywhere else in this update, with 347 house sales this year at a median of $845,000, up 3.7 per cent, and days on market down a sharp 25 per cent to just 18 days. Auction clearance for houses sits at 50 per cent, down 10 per cent on last year, a reminder that even in a fast-moving market buyers are still negotiating hard on price.
The apartment market is genuinely strong too, up 25 per cent in sales this year to 130, with a median of $600,000 and days on market down 37 per cent to just 17 days.
Stock across the suburb is genuinely low right now, with many owners choosing to wait for spring before listing, and that scarcity is translating directly into faster results for those who do come to market. Buyer interest is not limited to one type this month, and with less competition from other vendors, well-priced homes under $1 million are seeing very strong numbers through the door.
Median sale price for houses in Lilydale is $845,000, up 3.7% from last year.
Median sale price for units in Lilydale is $600,000, up 3.4% from last year.
Properties sold for houses in Lilydale is 355, down 3.0% from last year.
Properties sold for units in Lilydale is 125, up 20.2% from last year.
Auction clearance for houses in Lilydale is 60.0%, up 3.6% from last year.
Av days on market for houses in Lilydale is 17, down 29.2% from last year.
Av days on market for units in Lilydale is 19, down 20.8% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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