Malpas-trenton Property Sales Overview
The median property value in Malpas-trenton for December is $129,414.
Houses have increased by 1.30% for the month and decreased 0% for the year.
Rental demand is up with yields increasing in February to 8.00%, from 7.93% in January.
The number of properties sold this quarter is the same on last quarter from 0 to 0. This is the same on the 5 year quarterly average of 0 indicating no change in demand.
What's the median House price in Malpas-trenton in December 2021?
The median property value for houses in Malpas-trenton is $129,414.
This is an increase of 1.30% ($127,753) from last month.
How much does it cost to rent a House in Malpas-trenton?
Rent prices in Malpas-trenton are the highest they've been in 12 months at $396.
This is up 7.61% from a 12 month low of $368 in December 2020 and a 2.59% up from last month.
What's the current rental yield in Malpas-trenton?
Rental yields for houses in Malpas-trenton is 8%.
This is up from a 12 month low of 7.93% in November 2021 and down from a 12 month high of 8.51% in March 2021.
How many properties sold in Malpas-trenton in February?
Total sales volume in Malpas-trenton is 0, which is the same from 0 in the previous quarter.
This is the same as the weakest quarter in the last 5 years which was Q3 2021 with 0 sales and 0% the same than the strongest quarter in the past 5 years which saw 0 sales in Q3 2021.
How long did it take to sell a property in Malpas-trenton in February?
54 days is the average time on market in Malpas-trenton in December, which is the same from 54 in November and has been trending down since October 2021.
This can indicate a buyers market where sellers are finding it harder to make a sale.
Are properties selling below or above the listing price in Malpas-trenton?
December sees the vendor expectation error for Malpas-trenton at -3.6% which means, on average, places sold for -3.6% less than the listing price.
This is a great sign for buyers looking to negotiate.
It’s worth noting that in a hot market you might want to set your price expectations even higher than the -3.6% as things can move pretty quickly.