How to use our data to adjust your property purchase or sale prices

HomeHype is a service around a single number. The difference between the average property advertised sale price and the price properties eventually sold for. You can use this as a guide to adjust your own offers when making property transactions as this is a more accurate number to use than a traditional "sale-to-asking" adjustments.

While every property is unique HomeHype deals with aggregates and averages so you can use our hype scores as a rough guide to provide an indication if a property is being accurately, over or under priced. For example if you check your postcode and it has a healthy number of sales within the last 30 days and a hype score of 5% you can infer that any properties you see listed will sell for approximately 5% higher than their advertised sale price. This is also valuable when setting limits for your bids during auctions to know the true current market value for a property.

When considering making an offer on a property, it's essential to take into account multiple sources of valuation with HomeHype being one of them. By incorporating our data into your decision-making process, you'll be better equipped to navigate your next property purchase or sale.

Click here to view property market hype data for all of Australia