Welcome to this weeks wrap on North Shore property.
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We are super excited & proud to be bring to market Milford’s newest development, exquisite boutique apartments situated on the corner of Kitchener & Pierce Roads – Milford 110. For more information see below this blurb, give me a call or visit www.Milford110.co.nz
In This Week’s Market Wrap
– Open Home Report
– Auction rates improve
– Coming Soon
Open Homes
This is a new segment which I hope to develop over time as we get more data. We are trying to get weekly data from other agents to provide some more reliable data – but this is proving to be a work in progress.Last weekend we averaged 9.6 people through the five properties we had open for viewing.
So there are still plenty of buyers out and about. As discussed in previous weeks though – they are being pretty fussy, probably understandable in this market though.
Cooper & Co Auctions
Pretty good results last week – 10 out of 19 sold under the hammer for Harcourts with a 53% clearance rate which is pretty good going. B&T also called 19 clearing just 42% but that is still up about 10% ion average for them as well as us, so a combined 47% is a pretty good result. That brings the 4 week average back into the 40’s – which is encouraging.
Auctions last week averaged 1.8 bidders per Auction with Cooper & Co – which is pretty normal. Many auctions at the moment are being called with just the one bidder.
Coming Soon
We have plenty of new listings in the pipeline and coming soon, be sure to check out our website for current listings, or get in touch about anything detailed below.
Forrest Hill – Do Up Opportunity in the $800’s available now!
Browns Bay – A brand new 400sqm 6 bedroom home (1 weeks)
Greenhithe – A large 370sqm approx modern brick family home (1 weeks)
Browns Bay – Do-Up Opportunity – Home & Granny in Urban Zone with dev. potential (1 weeks)
Milford – A gorgeous 1920’s character family home with seaviews on a large section (4 weeks)
Takapuna – A sunny semi-detached townhouse
Forrest Hill – An entry level 3 bedroom home
Takapuna – Mixed Use Opportunity, great home or office
Campbells Bay – Brand new townhouses off the plans
Sunnynook – A brand new family home on a freehold site
Sunnynook – A nicely renovated 3 bedroom home
That’s it from me, if you have any questions as always just give me a call, otherwise have a great weekend.
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