Across a network of 8,000+ channel agent partners, Development ID recorded $141,257,202 in unconditional sales for August - a 29% decrease on July transactions.
The $500k-$750k bracket led all price ranges in August at 35%, a significant shift from July where the $750k-$1m bracket led at 29%.
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The $750k-$1m bracket pulled back to 22%, while the $1.5m-$2m bracket eased to 13% from 15% in July.
The $1.5m-$2m bracket eased modestly from 15% to 13%, while the $1m-$1.5m bracket held steady at 10% - consistent with sub-$500k activity, which also came in at 10%. Above $2m, the market remained largely unchanged month-on-month.
One-bedroom homes continued to lead transactions in August at 58%, up from 52% in July, further consolidating their position as the most in-demand configuration on the platform.
Two-bedroom homes eased from 32% to 30%, three-bedroom from 14% to 11%, while there were no four-bedroom stock transacted in August.
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One-bedroom demand has strengthened for a second consecutive month, pointing to a sustained shift in buyer preference toward smaller configurations.
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