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.