Good homes hold their value.

It can feel contradictory: auction clearance has cooled, yet well-presented family homes in the inner east keep drawing real competition. Both things are true at once.

A softer market thins out the marginal stock first. The homes that genuinely stand out — good street, good light, nothing to fix — are scarce in any cycle, and scarcity holds their price.

So headline averages only tell you so much. What matters is the price of the specific home you want — which is why we value each one on its own merits, not on the index.