More than one-in-five homes were sold off-market in Sydney in 2024, according to an analysis by a website aiming to create more of these transactions.
The Quiet List analysed 30,000 real estate transactions across 10 local government areas in Sydney in 2024 and found 20.5 per cent were sold off-market.
"We're not saying it's a trend," Quiet List CEO William Laing told AAP on Monday.
He explained properties had always sold off-market and his company's analysis merely confirmed anecdotal figures from within the real estate industry.
"We're just saying this is a really interesting figure and justifies why we think our business is necessary today," he said.
Launched in April, The Quiet List worked to match sellers and buyers in off-market transactions, Mr Laing said.
The app allows buyer