We once again experienced a very active month with auctions being the preferred method of sale and premium dollar fetched for our delighted vendors.
June saw 341 homes change ownership – an increase of 5% on the previous month. The Hamilton median sale price reached a new high of $485K and the average value of property increased by 28% over the past year. Lifestyle properties in the Waikato showed a 26.4% growth for the same period.
The current market is favouring vendors to realize top dollar for their properties. Limited availability with high buyer demand produces excellent returns – the ideal time if you’re contemplating a real estate move.