Professionals Granger Clark
Cnr Illawarra Cres North & Alexander Drive Ballajura
08 9249 6888
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Key vendor metrics such as the average time on market and average level of vendor discount remain at elevated levels but have been showing some modest improvement over recent months.
The level of vendor discounting and the average time on market are important vendor metrics to understand as they provide an insight around selling conditions in the marketplace. Vendor discounting is simply the difference between the price at which a property is initially listed for sale and the price at which it ultimately sells for. Time on market, on the other hand, is the difference between the date at which a property is first advertised for sale compared to the contract date of a sale. Read More