Market Report – October

October 2018 showed a significant increase in the total number of sales for Christchurch compared with October 2017. So there is a spring surge occurring and hopefully in will extend through the summer.

The median sale price for Christchurch City was $474,000 and the average days taken to sell was 37. Healthy figures and encouraging.

The recent bank moves to vigorously compete on mortgage rates is good news for buyers as are  the rumours that the Reserve Bank may be considering easing the deposit level requirements for home buyers.

A bit of warmth, and some blossom and we see things happening.

We are seeing good numbers through our open days with the best response from the best presented properties. If you are a seller it pays dividends to prepare the home and particularly if you are selling an investment property do not rely on the tenant to present it to your required level. A good gardener to spruce up the garden and a cleaner to put the extra sparkle through the home will place you ahead of the pack in that important first impression which can make or break a sale. We will be happy to organise this for you.

Christmas is close so if you do want to sell contact us now so we can get the ball rolling before the break.

Keep an eye on our regular emails to you with the fresh listings that come through. You are our valued clients we endeavour to advise you of any new opportunity first. If any particular property excites you just email back and we will send through extra information to help.

Enjoy the spring flowers and new growth.