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Adelaide Hills Market Update

Jul 18, 2019 4:22 PM

Sales throughout the hills held up well in the past 3 months despite a downturn in the market in other areas and other states.
Mount Barker recorded average of 25 sales of established houses for that period averaging some $470,000. Good sales of larger properties took the average to $525000 in April. In Nairne the market was excellent in March with 22 settlements of established homes averaging $394,000. April and March saw 9 sales per month averaging $360,000.
Littlehampton averaged 3 sales per month with the average price around $500,000.
Woodside has consistently averaged 5 sales per month with the average price just over $400,000. In Lobethal sales have averaged 5 per month. The average price was around the $310,000 mark. Remember these are sales for established home only.
Over this 3-month period 66 allotments where sold in Mount Barker. Top price achieved was $420,000 with the lowest $85,000. Overall the average price was $175,000.

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