The latest insights into what has been happening in the property marketplace across Hamilton and surrounds.

August 2020



$652,500

Median Sale Price

 

373

Number Of Sales

 

552

Listings on the Market

 

29

Days on Market

 
 

Sales of 373 in Hamilton is the highest monthly volume since 2016 and 33% up on August 2019. Typical of late winter/early spring, listings continue to decrease and demand/sales continues to go up. There will shortly be an influx of new stock as sellers take advantage of better exterior presentation with the improved weather.

This is the bestselling market we have seen for several years. Buyer confidence is very strong across all price points and suburbs, spurred on by record low interest rates, net immigration gains, comparable volatility in other investment sectors and many kiwis redirecting money otherwise spent on overseas travel to property.

If you or someone you know is contemplating selling in such a strong market, don’t delay and talk to one of our Harcourts consultants today about an up to date market appraisal and how to set the right strategy to achieve a premium sale price for your property.