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2015 — the year of the auction in SA

18 Jan 2015 Glynde 0 Comment

AUCTIONS are tipped to take off in a big way in SA this year, real estate agents say.

Ouwens Casserly Real Estate agent and auctioneer Cynthia Sajkunovic said the conservative Adelaide market had embraced auctions during 2014 and predicts the number of auctions will increase this year.

The Adelaide real estate market is strengthening and people are starting to embrace the open transparency of auctions and see it as an honest approach to selling property.

The average time on market for South Australian houses is 59 days, but just 30 days for properties taken to auction.-Auction properties sell quicker than by any other process.

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