Welcome back! I hope everyone had a great Christmas and New Year break. I know I am certainly feeling refreshed and ready for 2015… Bring it on!
Here is the market update for December 2014. I have added a few more suburbs in and will continue to do so. I have been working a fair bit in Takapuna last year which is seeing some crazy prices – $659,000 for a small, two bedroom unit! That price is higher than the average price of a dwelling in Birkdale and Beach Haven.
Interestingly enough, 54% of the listings in this area throughout December were auctions. I thought this number may have been slightly higher than this as we are still in a sellers market and it is a great method to achieve the highest possible amount for your property – if marketing correctly of course!
The average days on the market in the Auckland Region were 29, just under a month. That is an improvement of 1 day compared to November, and we are sitting pretty under the national average of 32 days.
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Anita Dobson – Mike Pero Real Estate