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January Market Update
The Sydney property market has kicked off the year with strong momentum, as buyers and sellers re-enter the market after the holiday period. While January is typically a quieter month for real estate, early indicators suggest continued demand, particularly for well-presented homes in desirable suburbs.
Auction clearance rates have remained steady, hovering around 65-70%, signalling a balanced market where quality properties are still attracting competitive bidding. With interest rates stabilising and confidence improving, we’re seeing a mix of upsizers, downsizers, and investors actively seeking opportunities.
Ryde & Hunters Hill – A Market in Demand
Locally, the Ryde and Hunters Hill property market continues to show resilience. Family homes remain in high demand, with well-positioned properties selling swiftly - many before they even reach the open market. Off-market transactions have been a key trend, highlighting the importance of working with an experienced local agent.
Apartments and townhouses are also seeing renewed interest, particularly from first-home buyers taking advantage of government incentives and more stable lending conditions. We’re noticing a slight uptick in stock levels, which is giving buyers more choice, but competitively priced homes are still moving quickly.
With buyer activity picking up and many sellers preparing for the traditional February-March listing surge, now is the time to watch the market closely. If you’re thinking of buying or selling, reach out to the team at Nicholls & Co for expert guidance on making the most of current market conditions.
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