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Local Market Update

By Eleanor Hopkins

The month of April has been another busy one for the team at Ray White Cranbourne despite being broken up by the Easter break at the start of the month and the Anzac Day holiday towards the end of the month. Even with those breaks the team had a fantastic month with well in excess of 30 sales overall. The stand outs for the month were Paul, Kate and Chaminda with great sales numbers. In a tight market where listings are very important the stand outs with new listings were also Paul, Kate and Chaminda. The team ended up listing close to 40 for the month so we have good stock coming on board. The strong market is confirmed by the fact that our days on market for the month were only 26 days. We also saw good activity from our new sales group and the future looks bright for them which is very positive.

Our rental department has seen an increase in the number of available listings with our rental list reaching 35 at the start of the month. We are seeing plenty of stock coming in from the new estates, with newer properties and lots of competition. We also saw a record number of new landlords joining us in the last month. This has been from a combination of new landlords joining us and current landlords purchasing new properties are asking us to manage.

We are also expanding our business with Eden joining our Business Development department which in turn provided a new opportunity in reception with Cara joining us in this role. Catherine also joins us working with Matt in the sales department.

Until next month

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