Montrose's median house price is up a modest 2.0 per cent this year to $1,000,000, with clearance easing to 60.0 per cent as buyers take a more measured approach to the stock available. Days on market remain brisk though, down 28.6 per cent to just 15 days, a sign that well-presented homes are still finding buyers quickly.
Sales volume has eased slightly, down 6.6 per cent, consistent with the record low stock levels shaping the wider area right now. Renovated homes continue to perform particularly well here, and buyers who are patient are still prepared to pay a healthy price for the right property in the right condition.
With first-home buyers dominant in the $700,000 to $1.2 million range, and many local sellers favouring private sale over auction, Montrose remains a steady, reliable market for anyone considering their timing.
Median sale price for houses in Montrose is $1,000,000, up 2.0% from last year.
Properties sold for houses in Montrose is 85, down 1.2% from last year.
Properties sold for units in Montrose is 3, up 50.0% from last year.
Auction clearance for houses in Montrose is 60.0%, down 25.0% from last year.
Av days on market for houses in Montrose is 15, down 28.6% from last year.
$1,000,000
$928,750
$894,000
$867,000
$845,000
$840,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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