Ray White sets a personal best
RAY White Rockhampton enjoyed its best-ever month for house sales, racking up $11.4 million worth of business in September.
“It's a good, solid, confident market and if properties are priced correctly they are moving quickly,” principal Mark Shore said yesterday.
Average sale prices in Rockhampton were around the $300,000 mark, with good levels of confidence up to the mid $400,000s, he said.
“The market peaked in early 2007 and by the end of that year prices had dropped about 15%. We have reclaimed about 5% of that and prices are now firm,” he said, noting that with interest rates near an all-time low, there was no reason why sales would not remain buoyant.
“We have had some very good months in the recent past, but last month was a personal best for this office.”
Ray White Queensland chief executive Peter Camphin said confidence was high and state-wide sales were up 14% on the same month last year, with $666 million in residential sales.
He described the Rockhampton office's performance as outstanding.