well i tried to negotiate with an agent on a 3br townhouse in edgehill st. The list price is 399-409k, i started at 387 and went up to 392 but the vendor/agent wouldn’t budge from 405. Rp data suggests the underlying value is only 382 max, it really must be a sellers market. The property has been on for a month with no offers but mine as far as i know, and it doesn’t look like they will accept anything under 400k (regardless of their listing range).

This is starting to become a frustrating exercise, especially as there is not much for sale close to the beach in scarb between 350-450 (3br).