August was a repeat of July with sales numbers well above expectation and the city median sale price at $565,000. The demand for all price ranges is strong. Rental investment property in Whangarei is in hot demand from local and off shore Kiwi buyers.
The listing stock levels dropped by 30% on the same month last year and we are hoping for a surge in new listings over the spring to meet the unprecedented demand.
Whangarei is going through a growth period and even with COVID levels restricting some real estate activity , we are seeing a constant flow of new buyers in to our region.
Right now is a great time to be listing your property for sale. We have had so many multiple offers on listings resulting in prices well above expectations.
Give one of our sales team a call to have your home appraised and discuss the opportunities to maximise the value with our smart successful marketing strategies.