East Trinity Property Sales Overview
The median property value in East Trinity for December is $361,177.
Houses have decreased by -1.56% for the month and decreased 0% for the year.
Rental demand is up with yields increasing in February to 5.41%, from 5.32% in January.
The number of properties sold this quarter is up on last quarter from 3 to 4. This is down on the 5 year quarterly average of 6 indicating weaker demand.
What's the median House price in East Trinity in December 2021?
The median property value for houses in East Trinity is $361,177.
This is a decrease of -1.56% ($366,910) from last month.
How much does it cost to rent a House in East Trinity?
Rent prices in East Trinity are the highest they've been in 12 months at $480.
This is up 9.59% from a 12 month low of $438 in December 2020 and a 1.05% up from last month.
What's the current rental yield in East Trinity?
Rental yields for houses in East Trinity have increased in December for the 2nd consecutive month.
This is up from a 12 month low of 5.25% in October 2021 and down from a 12 month high of 5.57% in December 2020.
How many properties sold in East Trinity in February?
Total sales volume in East Trinity is 4, which is up from 3 in the previous quarter.
This is 0% stronger than the weakest quarter in the last 5 years which was Q4 2020 with 0 sales and 0% the same than the strongest quarter in the past 5 years which saw 4 sales in Q4 2019.
How long did it take to sell a property in East Trinity in February?
19 days is the average time on market in East Trinity in December, which is the same from 19 in November and has been trending down since December 2020.
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 East Trinity?
December sees the vendor expectation error for East Trinity at 1% which means, on average, places sold for 1% more than the listing price.
This is handy to know as a buyer to set your expectation and to give you a more realistic view of what you might expect properties to sell for on auction day.
It’s worth noting that in a hot market you might want to set your price expectations even higher than the 1% as things can move pretty quickly.