Market Report – June

The market in Christchurch is still in very stable position with sales very similar to this period in time over the last two years,
with the median price for Christchurch slightly up at $457,000.

The days taking to sell on average is sitting at 37 days which is still very good.

We are finding the enquiry on our sale properties is a good level with an excellent standard of buyer coming through who are genuinely looking
to purchase.

Both owner occupied and investment buyers are out there. House prices are flat lining and we expect that will not change in the short term.

Good time to sell as listings are short so there is less competition for a seller and hence the results are good.

Keep warm over the coming months, the shortest day has been and gone so every day from here on in will bring longer sunshine hours.