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Friday, March 4, 2011

QUALITY OVER QUANTITY

The past week has seen a drop in the number of buyers attending our home opens. This isn’t surprising really given the amount of distractions that took place over the weekend.

In Perth, we’ve had (and continue to have) a heatwave with daytime temperatures regularly topping the high 30s and hardly ideal for house hunting. We’ve also had the longest open water swimming competition in the world with the Rottnest Channel Swim, which drew massive crowds (and a top ten solo finisher from Caporn Young).

Although activity has been down, the quality of buyers attending home opens was very high. There’s certainly nothing like a 38 degree day to bring out the serious buyers!

Evidence of this was the stand out sale of a property on Marmion Street in Cottesloe that was listed for $2.55 million. After what was only the fourth home open, this delightful property was secured by a local resident who made an unconditional cash offer. An outstanding result for all involved! Ten sales were agreed over the course of the weekend rounding off an encouraging February.

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