6. Ray White Now | JUNE 2021 | Page 11

JUNE EDITION
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Supply
Throughout May we saw 5,957 ‘ New Listings ’ come onto the market which is a 35 per cent increase compared to the same period last year . The significant increase in ‘ New Listings ’ has been met with a 73 per cent increase in sales over the month of May resulting in 6,082 transactions . Our members are selling more than they are listing which is having an impact on the total available listing supply which is currently 12 per cent less than this time last year and 29 % less than the same period two year ago . With a total of 14,370 available listings for buyers to choose from , these stock levels continue to favour our sellers .
Chart 1 : Listing authorities
This chart shows that the number of New Listings has increased by 35 per cent compared to this time last year .
# Listing Authorities / 28 days
12k 10k 8k 6k 4k 2k
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
2018-19 2019-20 2020-21
Source : Ray White Listings Data
Chart 2 : Total available listings
This chart shows that the total number of available listings for sale are down 12 per cent compared to this time last year and down 30 per cent compared to 2019 .
# Listings OTM
55k 50k 45k 40k 35k 30k 25k 20k 15k 10k 5k
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Source : Ray White Listings Data
2018-19 2019-20 2020-21