If you are looking for the developing trends and property prices in Linden at the moment (September 2023) you have come to the right place. Let’s consider for a moment that there are currently 136 properties on the property market in Linden at the moment.
19.11% Of All Linden Properties Have Had Price Reductions
26 Of the 136 active Linden properties on the market have had a Reduced Price Banner. This is not necessarily a bad thing, but it does mean that 19.11% of the current Linden properties on the market have had a price reduction.
Getting The Price Right When You Sell a Property In Linden
The first month of any listing is crucial. Buyers have been online and have set triggers for Linden and the surrounding areas. This means that any new property in Linden that comes onto the market will generate an ‘alert’ to an interested buyer who wants to live in Linden. The first month generates the most traction on any new Linden property listing. After the first month ends, normally, a price drop goes into play. And any price drop less than R50,000 is not considered effective. Why? The property portals consider another round of ‘alerts’ when the price drop is R50,000 or more. This results in a “Reduced Price” Banner being inserted on your Linden property listing. Nothing wrong with that. It’s like golf, you have got to find the “sweet spot” at which the Linden property market will respond.
Property Prices in Linden by Bedroom Count
I just had a look at the report is free and accessible via P24. For a more detailed understanding and a fresh approach if you are selling a property in Linden, click here to book your free property valuation in Linden. Get updated property prices in Linden here.
Need Updated Property Prices In Linden?
Given the changes to the current property market and the insights from the recent FNB research, now may be a good time to review your property sales strategy for Linden. A new focus, a new approach and some fresh legs. I would be honoured as a seasoned property professional with the opportunity to appraise your biggest asset in Linden. And I would welcome the opportunity to leverage the technology that underpins my success within Keller Williams, the largest real estate brand in the world. And yes, technology does help to get better sales results, without a doubt.
But, Let’s Get The FNB Insights Into Focus For Linden
- The FNB HPI is showing year-on-year growth to June 2023 of 1.9%. That’s down from 4% last year.
- It is taking longer to sell a property at 85 days or 12.1 weeks.
- Affordability with rising interest rates and the general increase in our cost of living that keeps going up definitely mirrors the current property market sentiment. But we are making sales on competitively priced properties in the Linden area.
Need To Know What The Property Prices in Linden look like?
As a seasoned and accredited property professional living in Linden proper, I would love the opportunity to appraise your biggest asset in Linden. If it is time to consider selling a property in Linden, then give me a call at 083 550 1220. I will provide you with a solid property valuation in Linden for the current market. Or, visit my website at www.sellwithsandy.co.za. I am proud to be in business with Keller Williams, the biggest real estate brand in the world with the most advanced technology to leverage.