Melbourne's Inner South/Mornington Peninsula lowest days on market selling the fastest

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Units in inner areas (excluding the inner city) had seen a continual decline in days on market, while the outer areas were rising.

“Reduced buyer activity and recent years of unprecedented inner-city unit supply would be impacting this overall trend,” Dr Powell said.

Days on market: February 2019

Source: Domain
Houses
Melbourne region	Average days on market
Inner	56
Inner East	63
Inner South	50
North East	54
North West	58
Outer East	50
South East	61
West	64
Mornington Peninsula	49

 

Units
Melbourne region	Average days on market
Inner	86
Inner East	71
Inner South	60
North East	72
North West	75
Outer East	54
South East	79
West	77
Mornington Peninsula	50