New Zealand house sales numbers ease slightly which is unusual for our Spring Market and the median price rises ever so slightly. Nationally, the Spring Market is not producing the expected “lift” and stays quite steady. Every Spring we expect a surge in sales as families seek to get moved before the summer. September gave us a clue that this Spring would not be as busy as hoped and October’s sales figures confirm that.

Whilst we remain over 5000 sales for October at 5,007 it is down 228 compared to September, when we all expected it to rise. Maybe buyers were distracted by the Rugby World Cup, the upcoming election and the unsettling events in the European Financial Markets. On the North Shore sales have been steady while Harcourts market share has increased.

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Tony Alexander

I still have a struggle reconciling the negative reports in New Zealand media- both the press and on TV, about the real estate market. The are simply out of touch with the reality of a great real estate market here on the North Shore.
It’s quite simple. Buyers are in the market and actively buying homes right now. These are the results from recent auctions I have conducted
13 Katui Street, Castor Bay

over 60 groups attending open homes, 70 at the auction, 6 buyers, 3 bidders….sold $1,300,000, unconditionally.
1 Trafalgar Road, Milford

over 60 attending open homes, 50 came to the auction, with strong bidding by 3 parties up to $780,000.
9 Sandford Street, Campbells Bay

50 groups attending open homes, 50 at the auction, 4 buyers, 3 bidders, strong bidding up to $760,000 and then someone mad a king bid and took it away for $825,000.
Over the last two months the Harcourts Milford office has sold 65 homes with a total value of over $40,000,000.

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Spring has definitely arrived in Auckland, all that bad weather in September seems a distant memory. Kings Garden Centre was nuts last Sunday, everyone was out buying their tomato plants and I could smell steak on the neighbours BBQ last evening!

And, despite some gloomy reports in the news, spring is definitely sprung our auction results. It is notable that Auckland seems to be the only bright spot for house sales in the country, and it is very difficult in Christchurch right now. A LIM report can take up to 6 weeks due to the damage the Christchurch City Council records department sustained in the earthquake.

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Do you know the 7 secrets to getting a great price when you sell your home on the North Shore?

A brand new 12 page SPECIAL REPORT is now available which shows home owners 7 secrets to getting a great price when they sell their home. Here are just a few of the critical things you will learn when you read the 7 Secrets Report.

I f you are planning on selling your home within the next 3-6 months, don’t do anything until you have read this FREE REPORT. Selling your home is a complex process with a lot of money at stake, so it’s vital you do it right.

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East Coast Bays median sales price is riding high compared to the national median sales price. Already the second most expensive place to buy a house in New Zealand, the North Shore continues to bound ahead.

In January the number of  property sales across New Zealand fell to their lowest level [Read more →]

The Real Estate Institute of New Zealand has just reported that sales of homes and residential property in January have plummeted to their lowest level in nearly two decades.

Brian Dalley, in his Market Blog, reports that while property sales appear to have screeched to a halt it’s just part of the cycle. So, what’s up with house sales on the North Shore? [Read more →]