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$206.1 million in June sales as 2-bed stock holds buyer demand

Across a network of 8,000+ channel agent partners, our Development ID marketplace recorded $206,103,888 in unconditional sales for June.

A total of 139 transactions were recorded last month, as activity eased across the market while the mid-range continued to anchor overall demand.

Stock transacted by price range

The $750k-$1m bracket remained the most transacted price range in June at 29%, up from 23% in May, reinforcing its position as the most consistent segment of the market across recent months.

The $1m-$1.5m bracket held steady at 20%, while the $1.5m-$2m bracket pulled back to 12% from May's 15%. The sub-$500k bracket contracted to 10%, down from 19% in May, as buyer activity continued to concentrate in the mid-price range.

The $500k-$750k bracket accounted for 13% of transactions, consistent with May’s figure. Activity above $2m remained steady, with $2m-$3m increasing to 10%, from 9% in May.

Stock transacted by bedroom configuration

Two-bedroom homes again led transactions in June at 47%, up from 42% in May, with one-bedroom homes representing 37% of sales - a slight narrowing from May's 39%. Three-bedroom stock accounted for 15% of activity, with four-bedroom homes making up the remaining 1% of sales.

The two-bedroom configuration has now led transactions consistently on the platform for the last few months, reflecting sustained demand for this stock type.

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