Time to Sell Analysis for Melbourne
How long does it take to sell property in Melbourne?
Selling times for homes in Melbourne represent the actual time taken from a property coming onto market to reaching a sold status as tracked in the Home.co.uk property search. Time to Sell is distinct from Time on Market as only properties that have achieved a sold status are included in the analysis.
Overall Time to Sell in Melbourne (over last 90 days)
| Total Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Selling time in Melbourne: | 27 | 89 days | 61 days |
Selling Times in Melbourne by Price Band
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| under £100,000 | 0 | - | - |
| £100,000 to £200,000 | 3 | 67 days | 38 days |
| £200,000 to £300,000 | 11 | 116 days | 64 days |
| £300,000 to £400,000 | 8 | 51 days | 26 days |
| £400,000 to £500,000 | 2 | 66 days | 66 days |
| £500,000 to £1,000,000 | 3 | 128 days | 79 days |
| over £1,000,000 | 0 | - | - |
Selling Times in Melbourne by Number of Bedrooms
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| One bedroom | 1 | 38 days | 38 days |
| Two bedrooms | 8 | 97 days | 63 days |
| Three bedrooms | 13 | 85 days | 36 days |
| Four bedrooms | 4 | 61 days | 73 days |
| Five bedrooms | 1 | 231 days | 231 days |
Selling Times in Melbourne by Property Type
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Flat | 0 | - | - |
| Terraced | 3 | 110 days | 71 days |
| Semi-detached | 8 | 50 days | 35 days |
| Detached | 8 | 81 days | 66 days |
Note: The Melbourne selling times were calculated by sampling over all properties marked as sold in the Home.co.uk property search in the last 90 days within 1 mile of the centre of Melbourne.
More Property Data for Melbourne
See also: Time on Market Report for Melbourne over the last year, Current Asking Prices in Melbourne
Back to: House Prices Menu for Melbourne