Dudley Park’s market stayed steady in September with firm pricing, a consistent sales pace, and strong rental activity across both houses and units.
Sales
There were 12 residential sales recorded during the month, unchanged from August. The median house price rose to $682,000, reflecting 9.9 percent annual growth and steady buyer confidence in the area.
Listings
There were 13 properties listed for sale at the end of September, up from August and in line with last year’s levels. The gradual increase in listings is helping ease pressure in a tight market.
Land
Land sales remained active, with multiple transactions recorded at a median price of $290,000. There were 6 blocks listed for sale at the end of September, double the number from three months ago.
Sales Time on Market
Houses sold in a median of 11 days, five days faster than August. Land moved even quicker, with a median of just 10 days on market, showing continued buyer demand for development opportunities.
Rentals
Rental activity was strong, with 18 leases signed for houses and 1 for a unit. The median house rent remained at $590 per week, while units sat at $550 per week. Both figures are similar to recent months.
Rental Time on Market
There were 13 rental listings available at the end of September. Homes leased in a median of 25 days, which is slightly longer than August but still within a healthy range for the area.
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