Thought it would be interesting to see how everyones individual neighbourhood is going in terms of no. of sales, price and the length of time on the market, compared to end of 07.
I live 5km north of the Adelaide CBD. There seem to be slightly more homes than usual on the market now, however I think this is because some of the older listing are not selling, rather than more people deciding to sell. Prices seem consistent with those a few months ago, so I'd say vendors are reluctant to drop price.
I live 5km north of the Adelaide CBD. There seem to be slightly more homes than usual on the market now, however I think this is because some of the older listing are not selling, rather than more people deciding to sell. Prices seem consistent with those a few months ago, so I'd say vendors are reluctant to drop price.