Auctionworks auctioneer Lorenzo Giunti at work during bidding on 56 Park Ave, Avalon Beach, on Sunday. Auction campaigns are shrinking in this hot market. Source: News Corp Australia

Buyers are so anxious to secure a new home they are making early offers to try and take the property off the market before too many others see it.

James Baker, of Raine and Horne Palm Beach, said a three-week campaign was sufficient in this market and sometimes a home only needed two Saturday opens before being auctioned.

The Goosen family having secured 56 Park Ave, Avalon Beach at auction on Sunday. Source: News Corp Australia

The Goosen family had put early offers on three northern beaches houses before auction day to try and buy something.

“It’s a very competitive market at present,” he said.

“If you can get it off the market quickly you lock out others competing.”

56 Park Ave, Avalon Beach, only had a two-week auction campaign. Source: Supplied

The Mona Vale family were successful on Sunday, paying $1.205 million for a four-bedroom, classic Avalon beach house. However, it did not have a garage.

“You have to make compromises in this market,” Mr Goosen said.

“We didn’t feel we could wait to get the perfect house.”

Three parties bid for 56 Park Ave, Avalon, which was in a quiet street and north facing.

Mr Baker said any property under $1.5 million could sell in this market but there was new energy in the $1.5 million to $2.5 million market and properties in that bracket should sell well.