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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

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.

Listing method preference: it’s a regional thing.

agent profile image I came across this great article put together by Jonno Ingerson who is Director of Research at Corelogic . For home sellers, listing method options can be a difficult decision to nail down. Jonno and his team have reviewed the listing methods both nationally and regionally over the past year and the results show clear […]

‘As is’ market builds momentum

agent profile image It would be fair to say that the “as is where is” market is continuing to build momentum as the practice has simply become an accepted option when considering which way forward with a quake damaged property. Since late last year we have noted that competition for these perceived bargain properties has moved up a […]

International House Sizes

agent profile image Most of the international studies of average floor areas seem to focus on Oceana, North America, and Europe. I would expect that houses in the Middle East, most of Africa, Central and South America and Asia would be smaller on average. I have the Japan figure. The floor areas below are for new houses built […]

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