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Real Estate Insights

Inventory of homes for sale falls while asking prices remain high

House sellers benefit further as inventory of homes for sale falls while asking prices remain high The average asking price of houses for sale in December remained at high levels across the country, while inventory of available homes for sale declined reaching record low levels in Auckland. Overall, the latest monthly data from Realestate.co.nz indicates that the […]

Voted Best Real Estate Site … Realestate.co.nz

Realestate.co.nz won Best Real Estate Website at Tuesday’s NetGuide awards. The awards are decided by the New Zealand public via votes on the Net Guide website. More than 200,000 votes were cast in this year’s awards Realestate.co.nz CEO Brendon Skipper said the win shows that Realestate.co.nz are “doing a great job of building awareness of […]

National average asking price reaches record high of $497,840

November saw a 1.9% increase over the previous month in the national average asking price of homes for sale, reaching an all-time high of $497,840. In addition, the number of new property listings remains high with 13,512 new listings in November, a 2% lift on the same month last year. The November property data was […]

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Real Estate Blogs

Compare Mt Eden to Feilding

agent profile image I was looking at houses for sale in Mt Eden, Auckland, and found a nicely renovated 1920’s early bungalow of 130m2 floor area with 3 bedrooms, a bathroom and en suite, and double carport. The land is very small at approximately 340m2, and there is a nice deck. Mt Eden is a popular suburb. The […]

Disclosed Reserve Auction in Pt Chevalier

agent profile image We are offering a home in Pt Chevalier for auction with the $940,000 reserve price disclosed right from the commencement of marketing. When placing a home on the market, real estate agents must provide sellers with an appraisal of the expected sale price, including a list of recent local sales, to justify their appraisal. In […]

Update for February

agent profile image Hamilton Real Estate continued to recover during February with 308 house sales being recorded in the city by the REINZ. The median sale price remained subdued at $352,000 reflecting the surge of first home buyers and investors into the market. The number of houses available for sale as advertised on realestate.co.nz plummeted to 788 by […]

Confidence

agent profile image We see it with sport. How good is a confident player or team, compared with one that lacks belief. The real estate market runs on confidence too. We have seen it in a major way in Auckland over the last few years. The Feilding and Manawatu market has a lot more confidence around value that […]

Christchurch’s million dollar suburbs

agent profile image Liz McDonald’s article in The Weekend Press makes for an interesting read: Where are Christchurch’s property millionaires? They are found in lofty Scarborough Hill and leafy Fendalton, according to the new Quotable Value figures. Average house values in both suburbs have hit the million-dollar mark, putting them on par with many parts of Auckland and […]

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