Ringwood remains the most affordable and highest-volume market in this part of the east, and the heat is squarely at the entry level. Three-bedroom houses near $960,000 were the busiest segment over the past year, with well over a hundred sales, and two-bedroom units around $599,000 recorded the highest sales count of any bracket, moving in about three weeks.
This is first-home-buyer territory, close to the train and shopping centre, and that group remains dominant this month, with opens busier than July and buyers showing real confidence to act on the right property.
The step up is where things cool, four-bedroom houses near $1.2 million are clearing at only about half. With the $700,000 to $1.2 million range the most active overall, buyers are enjoying genuine choice and the time to do due diligence properly rather than feeling rushed into a decision.
Median sale price for houses in Ringwood is $1,000,000, up 2.6% from last year.
Median sale price for units in Ringwood is $605,000, up 4.3% from last year.
Properties sold for houses in Ringwood is 251, down 9.4% from last year.
Properties sold for units in Ringwood is 209, down 18.7% from last year.
Auction clearance for houses in Ringwood is 65.7%, up 0.6% from last year.
Auction clearance for units in Ringwood is 64.3%, up 3.7% from last year.
Av days on market for houses in Ringwood is 36, up 24.1% from last year.
Av days on market for units in Ringwood is 25, 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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