Those with houses for sale in Morayfield and surrounding areas may benefit from a strong sellers market as confidence has picked up over the last year.
A 2013 Consumer Insights Report on Buyers and Sellers produced by realestate.com.au outlines interesting trends in the property market that are worth paying attention to.
The report found that across Australia, buyers are more likely to bid or make offers above the reserve price.
The importance of securing a property is driving this behaviour, producing favourable outcomes for sellers across Australia.
In 2012, 23 per cent of buyers placed offers on properties above the asking price. This figure has soared to 41 per cent within a year.
The report points out that this high confidence in the market has seen almost a quarter of sellers accepting or considering offers only if they were above the asking price.
Almost one-third (31 per cent) of sellers believe that property values will climb by five to 10 per cent in the next six months.
Those with houses for sale in Morayfield should make the most of this leap in sellers' confidence. If you're thinking about selling your property, we can help with every step of the process to ensure you obtain the best price possible.
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