4 Sold in 24 Hours: James Ball Team’s Incredible Start to June

“Since the ease of restrictions at the beginning of May, we have seen the return of group open homes and on-site auctions. This has resulted in increased listing levels, a high volume of buyers inspecting properties and a higher clearance rate, which has increased by 23% since the end of April.” James commented on the current sales conditions.

In twenty-four hours, James and his team sold the following properties, continuing the strong Ballard Property track record of internal collaboration:

• 12 Blake Street, Rose Bay – Off market – James Ball & Paul Ephron
• 14/9 Forsyth Street, Kingsford – Prior to auction – James Ball & Robbie Thorncroft
• 404/9-15 Bayswater Road, Potts Point – Prior to auction – James Ball & Brooke Marshall
• 8/1 Eastbourne Road, Darling Point – Prior to auction – James Ball & Mark Lowe

With three of these properties sold prior to auction, there’s a clear demand to secure properties, with the low stock levels continuing and the team reporting significantly higher amounts of buyer enquiry. This was seen at the 4 bedroom home at 9 Woodland St, Coogee, which had double the amount of enquiry in the first week of its campaign, compared to the similarly priced 55 Brook St, Coogee that had sold at the peak of the market in February.

With this in mind, James’s advice for anyone thinking of selling, would be to come to market as soon as possible, prior to a flood of properties becoming available. “These current low stock levels are assisting in propping up prices, however, this could shift significantly once more stock becomes available.”

To confidentially discuss your property, please get in contact with James on 0410 740 349 or fill out the form below.