Day: September 19, 2020

Housing Market White Hot After Labor Day

September 18, 2020 by

New listings of homes for sale were 6% above 2019 levels

Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 13:

  • Median home sale price increased 13% from 2019 to $319,261—the highest on record. The 13% year-over-year increase was the largest since October 2013.
  • Pending home sales climbed 27% year over year.
  • New listings of homes for sale were up 6% from a year ago.
  • Active listings (the number of homes listed for sale at any point during the period) fell 28% from 2019 to
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Sydney auctions: Vaucluse semi-detached on Coolong Road sells $2m above reserve

No. 10 Coolong Road, Vaucluse, has sold for $5.5m — $2m above the $3.5m reserve.

Onlookers who gathered to watch the worst house on Vaucluse’s best street left in total disbelief after it sold for $2m above reserve.

The two-bedroom semi-detached described as a doer-upper with no off-street parking attracted nine bidders including Jackie O’s ex, Lee Henderson.

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Sydney Sotheby’s International Realty agent Michael Pallier said the auction for 10 Coolong Road took off from the start

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