Hamilton real estate is ticking along rather nicely with 318 sales for July – 58 up from June and 38 more than the same time last year. Buyers are keen to find their forever homes and competition pushed the average days to sell a property to 27 – 4 days less than June and a solid 13 days down year on year. Buyers are eagerly awaiting new listings to the market as many have missed out before and dread going into multiple offer presentations just to be disappointed again.
The median sales price went down slightly to $636K compared to $660K in June, but still sits way above the $590K a year ago.
Sellers should take note of the great clearance rate of auctioned properties and make most of the opportunity to sell in this market with limited properties for sale. Demand outstrips supply and that ensures top dollar for sellers.
Don’t get short changed. Maximize your property’s equity!
Are you considering a real estate move in the near future? Let’s talk!
Contact Linda on 022 64 50588 today for a confidential chat or a FREE, NO OBLIGATION APPRAISAL to find out what your property might be worth in today’s market.
The vendors are packed and ready for their new home! A bit of an upset with Covid-19 restrictions during the marketing, but it happened and they can move on. All the best in your new ‘forever’ home, Braedon and Janette. Enjoy every minute of the new beginning.
I can do the same for YOU! Contact Linda Dobson today on 022 64 50588 for a FREE, NO OBLIGATION APPRAISAL of your property. You might be next to get packing!
Nestled in a quiet cul-de-sac with prime privacy, you’ll find this 180sq meter home on 750sq meter section awaiting a new family.
It sports an open plan living/dining area with an undercover pergola – great flow for entertaining and watching the kids roaming the garden.
A second living area spills over from the bedrooms through a ranch slider – giving access to the fully enclosed back garden. A media nook is at hand for the kids – now you can call the shots on the TV!
The kitchen allows a through fare to both living areas and has a great view over the entertainment area.
The three bedrooms – plus a small forth that can be a study – are complimented by a family bathroom and the master with an en suite.
The laundry is separate – with storage – and is situated near the double internal access garage on remote.
The property has a generous section and present the opportunity to create the garden of your dreams – fruit trees and vege-patch with ample space for the pets – all this in a central location to amenities and good schooling to choose from.
You need to see this! Contact Linda on 022 64 50588 to arrange your private viewing today.
Another good outcome – Happy Vendors and Proud Purchasers! It was great working with you – Best wishes for the future.
Curious to know what your property might be worth in today’s market? Give Linda a call on 022 64 50588 for a FREE, NO OBLIGATION APPRAISAL!
The year is drawing to an end and families are off to the beach. Some families might prefer to spend Christmas in their new homes though…
Action a plenty as the sales numbers are up once again – 358 homes changed hands in November – an increase of 35 on October. The median sale price reached $620K for last month – first time over-stepping the $600K mark.
It took 32 days on average to sell a property and lesser properties to choose from inspired buyers to compete in multiple offers to secure their new homes. We are working hard to replenish stock and would advise would-be vendors to consider coming to the market as soon as possible. Remember, out-of-town buyers are looking NOW…. to be settled when schools and university start next year. Take advantage of this opportunity and outrun the competition waiting for the new year to get listed!
Linda is available for FREE, NO OBLIGATION APPRAISALS. You need to contact her on 022 64 50588 to get started.
PS! Check out my latest listing HERE … It’s hiding heaps of potential!
The Reserve Bank announced a 0,5% cut in the official cash rate – now sitting at a record low of 1%. Banks reacted promptly by announcing that they’ll follow by adjusting their mortgage rates too.
This is good news to would-be home buyers as low interest rates make it rather attractive to rather get into their own home than renting. There are some sharp rates out there – BNZ offers 3.75% for two years fixed.
The flip side of the coin is not so great for savers’ interest return on savings and deposits. The already low rates on term deposits might entice investors to diversify as the return on investment after tax deductions does not stack up well and can only worsen.
The latest adjustment is to stimulate consumer spending. Spend wisely by investing in your own home and enjoy the fruits of your labour in years to come.
Feel free to contact Linda Dobson on 022 64 50588 for a confidential real estate chat.