Your 2023 Market Forecast

15 Jan

Hello and HAPPIEST of new years to you, here's wishing you a most PROSPEROUS 2023 ahead in health, happiness and life..

Well I won't deny, it certainly feels great to have cast off the shackles of 2022 and move into 2023 with a fresh and recharged battery and positive new years energy.. And let me tell you it seems from our 1st week of viewings that it seems to be the same case amongst buyers, with some very strong numbers and buyer attendences at last Saturday's viewings.. We saw the smallest numbers at 3 groups and the strongest attendance numbering 23 groups..

With a whole new year ahead, we're featuring our 2023 Market Forecast in our 1st video series for January.. Covering:

The foreseeable interest rate cycle expected
Typically length of market lull periods
Plus a sneak peak at our exciting new C+M Brand Refresh COMING SOON...

To watch our short video, simply CLICK HERE to watch or HIT the IMAGE below..

This Week C+M Also COVERS:

2023 Market FORECAST..
What's My Property WORTH.?
C+M Market Activity & Clearance Rates..
Your Suburbs SOLD Results
LAST CHANGE Santa Letters..

Book a CURRENT PRICE Check?

Curious to get an UPDATE on where your property value sits this 2023. If you'd like to BOOK in your complimentary new years 'PRICE CHECK' online today.

It's quick and easy. Simply CLICK HERE or HIT the IMAGE below, and follow the 3 easy Steps...

The week's PRE-MARKET and YET to be Photographed homes:

3/21-23 Everard St, Glenroy: SINGLE Level Gem, Off Market..
5 Basil St, Fawkner: CORNER Family Home, Coming Soon..
1/75 Williams St, Fawkner: PRIME Location Stunner, Coming Soon..
3/101 Bindi St, Glenroy: SINGLE Level Cutie, Coming Soon..
14 Hartington St, Glenroy: UPDATED Delight, Coming Soon..
123 Outlook Dr, Glenroy: FAMILY Focused in the Valley, Coming Soon..

The week's NEWEST home to market at C+M Residential:

24B Leonard Ave, Glenroy: STREET Facing Luxury: $849,000
4/46 Gladstone Pde, Glenroy: STYLISH Single Level: $595k - $625k
1/12 Hilda St, Glenroy: DOUBLE Garage & Street Facing: $685k - $735k
3&4/38 Harold St, Glenroy: MODERN Living with DOUBLE Garage: $765k - $795k
2/12 Hubert Ave, Glenroy: EASY Living Awaits: $545k - $585k
4/18 Curie Ave, Oak Park: CONVIENENCE Plus: $695k - $745k
15 East St, Hadfield: A Corner Classic Gem: $685k - $715k
2a Reserve Crt, Glenroy: DESIGNER Living Never Looked So Good: $735k - $775k
4/21 Prospect St, Glenroy: SINGLE Level Brilliance: $695k - $755k
8 Isla Ave, Glenroy: WHAT a Family Home: $1.275m - $1.325m

The week's local SOLD results at C+M Residential:

52 Stanhope St, Broadmeadows: SOLD @ Private Sale: $542,000
1B Ann St, Pascoe Vale: SOLD @ Private Sale: Contact Agent
3/121 Widford St, Glenroy: SOLD @ Private Sale: $570,000
3/27 Stanley St, Glenroy: SOLD @ Private Sale: $650,000
1/148 Waterloo Rd, Oak Park: SOLD @ Private Sale: $660,000
11 Salisbury St, Glenroy: SOLD @ Private Sale: $980,000

Auction Clearance STATS:
14/12/22

*preliminary results based on REIV results for the past 7 days

  
    STATISTIC
    DATE
    No. or %    
  

    Total Auctions
    This Week
    635
  

    Total Auctions
    Last Week
    942
  

    Total Auctions
    Last Year
    1616
  

    Clearance Rate
    This Week
    68%
  

    Clearance Rate
    Last Week
    68%
  

    Clearance Rate
    Last Year
    74%
  

    SOLD
    This Week
    430
  

    PASSED IN
    This Week
    205
  