Welcome to another market update from Naked Real Estate for the suburbs of Armadale, Kelmscott & Seville Grove.
For Armadale, the number of homes for sale at the moment is 88 and 21 units. The sold properties for the month of July were 11 with another 11 going under offer, and for units there were 4 sold. The median price for the past six months for houses is $310,000 and for units, $316,000. Sales for the past year was 277 and 101 units.
In Seville Grove there are 44 homes for sale. For the month of July there was 8 sales and 11 under offer contracts. The median price for the last six months in Seville Grove is $410,000, sales for the past six month is 176.
Let’s look at Kelmscott. There are 28 homes on the market at the moment. For the month of July there was only 2 sales and 4 under offer contracts. The median price for the past six months is $340,000. In Kelmscott for the past sixmonths has been 57 sales.
I hope you found the latest market update for August useful. Please don’t forget to like/share/comment below so that we all can make a better informed decision about our real estate needs now and into the future. People are saying it’s a buyer’s market and here at Naked we agree. So go out and buy a house this week with confidence knowing that you’ve probably picked at the bottom in the market. Remember Naked stands for not covering anything up, so feel free to give us a call or comment in the section below.