In the six months from the start of January to the end of June, there were just over 500 residential properties sold.

Importantly, almost all every month in that period broke the sales record.

Agent Chapman Real Estate's David Chapman said it was the busiest start to a year he has witnessed and, if the momentum continues, it could see the city finally record 1000 residential sales in a year.

The closest Bathurst has come to that number was in 2017, where there were 888 sales.

"Since December last year until now, June was the first month since December that it has not been a record number of sales for the Bathurst area. In the peak of the last property cycle, which was 2017, there were quite a number of record months achieved, but that has not been the case since then," Mr Chapman said.

READ ALSO: Bathurst ends 2020 with two months of triple-figure property sales

While June did not achieve a record number of sales, it wasn't from lack of interest.

Mr Chapman said there with simply a lack of supply to meet buyer demand.

It is that same factor that could also impact Bathurst's ability to cross the 1000 residential sales threshold.

"It's the lack of stock that will prevent the 1000 milestone being achieved by the end of December. We're clearly on track for that now ... but if that stock is not there, then, no, that 1000 sales will not be achieved," Mr Chapman said.

"The 888 was the previous record back in 2017. I am confident that this will actually be a record year, but whether that threshold of 1000 property sales will be achieved, that will absolutely be dependent on that stock becoming available for buyers to choose from."

READ ALSO: Council plans to improve its land sale ballot draws

Mr Chapman said one reason for low stock was winter, as people prefer to list their homes when their gardens look the best.

The other reason for hesitancy is vendors, who are fetching great prices for their homes, being concerned about trying to buy a house themselves.

"Unless people really need to sell they're not selling, because it's great getting a great price in the current market, but it dawns upon people that they would be purchasing in the same market and so they're having to pay high prices whether they're upsizing or downsizing," Mr Chapman said.

"... It's out of necessity that people are selling and getting good prices. That combined with the cold climate this time of year, I think is contributing to people not listing."

He is hopeful that more stock will become available in spring, as it traditionally does in Bathurst, and encouraged people not to be afraid of selling their homes.

Our journalists work hard to provide local, up-to-date news to the community. This is how you can access our trusted content: