Are property prices close to levelling out?
You may have read that property prices may have reached a bottom. This week I sold a property in the East Coast Bays after only 15 days on the market. The property was sold by Tender.
The Tender date was brought forward following an acceptable offer. There were then 11 offers on Tender Day.
With 23 registered buyers.
Case Study 31st May 2023
Property Listed: 15th May
First Open Home: 20th May
Pre-Tender Offer: 25th May
Tender On-Site: 30th May
Sale Date: 30th May
Registered Buyers: 23
Written Tender Offers: 11
Sale Price: $1,650,800.00
Current CV: $1,630,000.00
Difference to CV: +$20,800
Days on the Market: 15 days
Happy buyers Happy clients
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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41.1% Yes
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33.5% Maybe?
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25.4% No
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