The latest insights into what has been happening in the property marketplace across Hamilton and surrounds.
March 2020
$625,000
Median Sale Price
35
Number Of Sales
661
Listings on the Market
37
Days on Market
Sales volumes continued to increase on February (269) despite the month effectively being reduced to three weeks due to Covid-19 Level 4 lockdown. Throughout the duration of lockdown our team have had a solid level of inquiry on current listings. We also have a large number of sellers poised to bring their properties to market as soon as we are able to operate at Covid-19 Level 3. Interest rates remain low and there is very positive commentary coming from the Reserve Bank regarding the easing of LVR Restrictions.
https://www.stuff.co.nz/business/121148280/reserve-bank-proposes-to-axe-loantovalue-restrictions-for-homebuyers
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.
