Real Estate market update…

April saw a 39% drop to 240 residential sales and days to sell increasing to 35 – up from 31 days in March. The median sale price was slightly down to $535K from $540,750 in March, but available properties for sale was still in the high seven hundreds.

Vendors generally prefer to list in the warmer months and less choice during the colder months tend to put pressure on prices. Buyers enter the market constantly – they invest in real estate and are not seasonal driven, but rather by limited choice.

Should you have a move in mind in the near future, it may well be an opportunity to list now. Why wait for increased competition when your property can be in high demand right now?

Contact Linda on 022 64 50588 for a FREE APPRAISAL and a property chat that could get you moving sooner rather than later.

About Linda Dobson

Linda Dobson - REAA Certified - is a sales consultant at the Rototuna branch of Harcourts - one of the six offices in Hamilton. She markets and sells residential properties with dedicated service to vendors to fetch to best possible price for their real estate. She gladly assists as a buyer's consultant to purchasers to find their ideal homes or investment properties and is results driven. She has a passion for real estate and see beyond the brick and mortar to address the needs and wants of both vendors and purchasers. Call Linda today for friendly, professional service, information and assistance with your next home or investment property. Mob: +64 22 64 50588 www.property-spectrum.com
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