The Price Point Driving Growth
The Flow-On Effect Is Real.
Lately, I've been noticing something interesting. The under $1.5M market, always a busy space, has become even more competitive, with buyers moving quickly, often before the first open. That’s not surprising. But what is notable is what’s happening next.
That momentum is now carrying over into the $1.6M+ range.
We’re seeing a flow-on effect. Buyers who were previously priced out are stretching their budgets. Others who’ve sold in the sub-$1.5M space are looking to upsize quickly. It’s creating a wave of movement; one that sellers above $1.5M can ride right now.
What I’m Seeing on the Ground
Sub-$1.5M listings are moving fast. No shock there; it’s always a high-demand price point, but lately it’s been particularly strong.
Buyers in that category are now stretching. Whether due to low stock, FOMO, or increased borrowing capacity, many are stepping into $1.6M–$1.8M territory.
The $1.6M+ market is gaining pace. That flow is pushing demand up, and sellers in that price range are starting to see the benefit.
What This Means if You’re Selling
If your home sits in the $1.6M–$1.9M range and you're wondering whether to wait or move; now may be your window.
Smart sellers are watching the energy in the tier just below and making strategic moves while that momentum is still rippling upward.
Want to Know Where Your Property Sits?
I'm happy to have a quick conversation, no pressure, and give you a read on where your home might sit in today’s moving market. Get in touch below.
Billy Jaz
0400 595 019
www.billyjaz.com
