Napier Real Estate Market Update
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.
Auction Wednesday 24th April 10am
Over 500 Lots
Viewing & Bids Welcome: Mon 8-5, Tue 8-6 & Wed from 8am
More Photos www.mafa.co.nz... & facebook
NB. Our Rooms will be closed ANZAC Day (Thursday 25th)
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