Pascoe Vale's median house price is up a strong 10.5 per cent this year to $950,000, with days on market falling 17.8 per cent to just 37 days, a genuine sign of buyers moving with more confidence. The apartment market is a standout too, clearance up 22.3 per cent to 87.0 per cent, even as unit sales eased 14.4 per cent.
Days on market for units have improved even more sharply, down 39.6 per cent to just 32 days. House sales have held essentially steady, up 0.3 per cent to 400, making this one of the deeper markets covered in this update.
With its own train station, local shopping strips and proximity to Melbourne Airport, Pascoe Vale continues to draw broad, consistent demand. That combination of rising prices, rising clearance and faster sales points to a market with real underlying momentum heading into the spring selling season.
Median sale price for houses in Pascoe Vale is $942,500, up 7.7% from last year.
Median sale price for units in Pascoe Vale is $640,000, up 3.6% from last year.
Properties sold for houses in Pascoe Vale is 399, up 1.0% from last year.
Properties sold for units in Pascoe Vale is 140, down 15.2% from last year.
Auction clearance for houses in Pascoe Vale is 64.8%, down 1.6% from last year.
Auction clearance for units in Pascoe Vale is 86.8%, up 22.3% from last year.
Av days on market for houses in Pascoe Vale is 37, down 17.8% from last year.
Av days on market for units in Pascoe Vale is 35, down 28.6% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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