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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

How to win at auctions

agent profile image Use a bidding style that works for you to avoid auction angst, writes Carolyn Boyd. Tension fills the air. Your heart beats a little faster. It’s auction time. While it may all come down to who has the deepest pockets on the day, sometimes how you play the game will influence just how high the […]

Continuing to Shine!

agent profile image Wow, we are nearly through the busy period of renting properties.  University students have started the academic year and academics have started teaching!  Changes in employment and moving cities, fixed terms coming to an end and either being renewed or not all seem to happen around about the same time – the busy rental period. […]

Auckland February house sales high but greater choice eases price pressure

agent profile image While the number of Auckland house sales were at their second highest level in a February for seven years, a significant increase in choice eased the pressure on values with the average and median sales prices for the month both edging down. “This February was one of our busiest on record, with sales up by […]

Beware of Asking Price Statistics

agent profile image I am very wary of real estate statistics based on asking prices. As we all know, you can ask whatever price you want, but a sale will only take place when a willing seller reaches agreement with a willing buyer. This is virtually the definition of current market value. An asking price might be ridiculously […]

Drone video used in Pt Chevalier real estate shoot

agent profile image We have used a drone to take a video fly over of our latest waterfront property at 32 Seacombe Rd, Pt Chevalier. The property is listed for sale at $3,495,000 and contains 2,200m2 of land with a 1980’s dwelling that would respond to a makeover.

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