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1709 days ago

Napier Real Estate Market Update

Updates from Cox Partners Estate Agents

Hello Neighbours,

In July the number of homes sold in Napier remained level at 102, 5% below the monthly average for the past year, with the average number of days to sell a property remaining consistent at just over a month (33 days).

However, more agreements appear to be conditional on the sale of another home, and some vendors are now making their agreement subject to the purchase of a property. Both are likely to negatively impact the time it takes for a listing to sell.

This relatively neutral performance reflects a market which has been gradually easing since the beginning of 2018 but continues to be supported by low inventory levels and low mortgage interest rates.

Read more of our latest Napier Real Estate Market update on our blog or for an up-to-date report on the local real estate market please call us on (06) 835-4321 anytime.

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More messages from your neighbours
7 hours ago

Lest we forget...

The Team from Neighbourly.co.nz

On this ANZAC Day, let's take a moment to remember and honor the brave men and women who have served and continue to serve our country.

Tell us who are you honouring today. Whether it's a story from the battlefield or a memory of a family member who fought in the war, we'd love you to share your stories below.

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3 days ago

Poll: Does the building consent process need to change?

The Team from Neighbourly.co.nz

We definitely need homes that are fit to live in but there are often frustrations when it comes to getting consent to modify your own home.
Do you think changes need made to the current process for building consent? Share your thoughts below.

Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.

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Does the building consent process need to change?
  • 91.4% Yes
    91.4% Complete
  • 8.3% No
    8.3% Complete
  • 0.3% Other - I'll share below!
    0.3% Complete
1017 votes