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Redland Bayside News > Real Estate > Buyers and sellers find value in market
Real Estate

Buyers and sellers find value in market

Suzie Tafolo
Suzie Tafolo
Published: June 1, 2023
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2 Min Read
STATE OF PLAY: Rebekah Mikronis says the local market is resilient.
STATE OF PLAY: Rebekah Mikronis says the local market is resilient.
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Data from realestate.com.au has provided a comprehensive snapshot of the current Redlands real estate market, shedding light on the number of interested buyers compared with available properties.

Taking a closer look at the statistics, it is evident that there is still interest from buyers, even though there has been a slight dip compared to six months ago.

This month in Alexandra Hills, 53 houses were available for sale, attracting an impressive 2486 buyers.

Similarly, Capalaba had 56 houses on the market, garnering attention from 3289 buyers.

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Thornlands boasted 84 available houses and received 3131 buyer enquiries, while Birkdale had 52 houses and 2516 interested buyers.

Sheldon, with only five houses available, still managed to attract 58 buyers.

Cleveland had 77 houses for sale, generating interest from 3235 buyers, and Victoria Point had 78 houses available with 2355 potential buyers.

Redland Bay featured 100 houses on the market, attracting 2727 buyers, and Mount Cotton had 28 houses with 1500 interested buyers.

Ormiston had 44 houses available for sale, receiving 2071 enquiries, and Thorneside had 13 houses and 789 interested buyers.

Overall, the data indicates that the Redlands real estate market is active. Statistics show that on average, a home in the region remains on the market for about 34 days.

The figures present an optimistic outlook for both sellers and agents in the area, as the number of interested buyers still suggests a stable market.

Even though stock levels have decreased slightly across the region, it’s good to see there is still buyer activity.

Local agent Rebekah Mikronis from Team Mikronis says she believes that “despite a slight dip in buyer activity, the Redlands real estate market remains resilient”.

It is clear the current market presents a promising opportunity for both buyers and sellers.

TAGGED:Alexandra HillsBirkdaleCapalabaClevelandMount CottonOrmistonRedland BaySheldonThornesideVictoria Point
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