65 Elouera Crescent, Forster

Sold 1st January 1970 | by

Sold for $1,420,000

Initially listed above market expectations, this property experienced limited interest. Despite the home’s desirable features, the initial pricing deterred buyers and extended its time on the market. After careful analysis, our team recommended a price adjustment to align with market conditions, leading to increased buyer activity and ultimately a strong sale price above the revised guide.

  • 103 Days on Market – Extended time due to initial overpricing, impacting buyer perception.
  • Originally Listed at $1,500,000 – Limited buyer engagement due to high pricing.
  • Revised to $1,399,000 – Increased interest and competition once the price aligned with market conditions.
  • Final Sale Price: $1,420,000 – Above the adjusted price guide, proving the effectiveness of strategic pricing.

Key Takeaway: Accurate pricing from the outset is crucial, but a well-timed adjustment can still secure a great result. Our expertise in market trends and strategic price positioning played a significant role in achieving this successful outcome.