Last weekend, Marshall White auctions continued to deliver strong results, with success rates sitting well above the broader Melbourne average. This reflects a healthy level of buyer engagement, even as property supply begins to tighten in the lead-up to Easter and the school holidays.
The number of properties available for sale is starting to taper, which naturally impacts buyer choice. With fewer homes on the market, we are seeing increased competition, particularly at well-located, well-presented properties. For sellers, this is a timely opportunity to capitalise on current demand. For buyers, it means acting decisively is key when the right home becomes available.
The broader market remains steady and consistent - a pattern we’ve seen since the latter half of 2024 and into the early part of this year. It is what we would call a "balanced" market: at times leaning slightly in favour of buyers, and at other moments giving sellers the upper hand. That balance is creating a sense of stability that has been welcomed by both sides of the transaction.
This equilibrium has helped build confidence - buyers feel prices aren’t running away from them, while sellers still see solid interest and competitive bidding. It's a good, healthy market that continues to tick along predictably.
As we move further into the year, we expect similar conditions to hold - sustained by steady demand, selective stock, and continued competition at auction.
