Thursday, July 16, 2009

Comparing Prices 2008-2009

Hi Property Lovers

This week I received a request from a blog viewer asking if we could compare the amount of sales and prices from March, April, May & June last year to this year In the Nedlands area.

MARCH 2008
6 Sales with a total value of $5,948,000
MARCH 2009
16 Sales with a total value of $19,450,000

APRIL 2008
12 sales with a total value of $22,554,000
APRIL 2009
12 sales with a total value of of $12,745,000

MAY 2008
12 Sales with a total value of $15,148,000
MAY2009
18 sales with a total valueof $24,056,000

JUNE 2008
6 sales with a total value of $8,470,000
JUNE 2009
9 sales with a total value of $9,554,000

As you can see, even though we are currently experiencing a economic crises, 3 out of the 4 months this year out did last year in the amount of sales. I think that this data proves that property really is the best investment, regardless if we are in a booming market or not.

If you would like any further information about sales evidence in the Nedlands area, please don't hesitate to contact me.

Thinking of buying or selling in Nedlands? Call me anytime

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