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: | 26 | 86 days | 63 days |
Selling Times in Melbourne by Price Band
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| under £100,000 | 0 | - | - |
| £100,000 to £200,000 | 4 | 77 days | 32 days |
| £200,000 to £300,000 | 10 | 100 days | 63 days |
| £300,000 to £400,000 | 7 | 68 days | 53 days |
| £400,000 to £500,000 | 2 | 66 days | 66 days |
| £500,000 to £1,000,000 | 3 | 106 days | 79 days |
| over £1,000,000 | 0 | - | - |
Selling Times in Melbourne by Number of Bedrooms
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| One bedroom | 2 | 25 days | 25 days |
| Two bedrooms | 6 | 74 days | 63 days |
| Three bedrooms | 14 | 97 days | 45 days |
| Four bedrooms | 3 | 75 days | 74 days |
| Five bedrooms | 1 | 166 days | 166 days |
Selling Times in Melbourne by Property Type
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Flat | 0 | - | - |
| Terraced | 5 | 45 days | 26 days |
| Semi-detached | 7 | 94 days | 74 days |
| Detached | 8 | 73 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