Add CategoryAS THE whole of the north shore real estate market continues to defy the wider Sydney property slowdown, some suburbs across the region are selling almost as quickly as they are being listed.
Crows Nest, North Turramurra and Willoughby have the shortest days on the market for houses, according to CoreLogic.
Houses in both Turramurra and Willoughby has been listed for less than a month before being snapped up, with a median time on market of 27 days, while Crows Nest houses were selling in 23 days — or just over three weeks.
Recently 71 West St, Crows Nest sold for more than $2 million, after just 23 days on the market.
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The property’s selling agent, Christian Percuoco from Belle Property Neutral Bay said Crows Nest was in high demand for buyers after lifestyle.
“Crows Nest has a real village mentality with a number of nice cafes, pubs and parks, this creates a great environment for locals,” Mr Percuoco said.
“When we sell homes in the area, it is very much about the lifestyle and we find well-presented properties that blend character and heritage with modern elements are in really high demand from buyers.”
Over in Willoughby, an Edinburgh Rd property sold prior to auction after being on the market for 24 days — three days less than the suburb median time for houses, and a week and a half before it was set to go to auction.
Ray White agent Jason Georges said Willoughby’s location was its greatest selling point.
“Willoughby is in a great location, has a great lifestyle, the proximity to Chatswood, North Sydney and the city is really appealing,” Mr Georges said.
For apartments St Ives, Artamorn and Crows Nest were incredibly popular with buyers, according to CoreLogic.
Apartments in St Ives were on the market for an average of 27 days, while Crows Nest units had a median time of 24 days, but Artarmon was incredibly hot for buyers, with apartments on the market for just 23 days.