We all have our fingers crossed that life will return to a new normal whatever that looks like but there is nothing normal about the housing market as it just keeps on rolling! Lockdown or no lockdown the statistics speak for themselves.
The momentum for Franklin for the month of August showed to be true with the Median price for Franklin rising to $950,000 up by 33.8% on a year ago when the median sat at $750,000 with 88 sales for the month.
The median house for Auckland rose to $1,200,000 up $35,000 from the previous month but 26.4% from a year ago. The National Median price rose to $850,000 up $25,000 on the previous month - 25.5% on the previous year when the median sat at $655,500.
You will have heard much about a lack of listings and whilst some of this is true -it is also typical for the time of the year but it is more of an indicator of the violability of the market – a year ago the average days to sell was 31 for Franklin today this stands at 25.
Stock is available but it turns over quickly. Meaning that this means we need to look at ways to get you ready to buy and sell at the same time. Effective Strategies we use to ensure you are able to make the most of a rising market to sell but also secure the home of your dreams.
Give me a call I am happy to talk you through how we work for you to ensure you are in the best position at all times. Buying and selling even in these uncertain times is something we are good at and this is after all not our first rodeo!
Talk to Victoria she is Key to your Next Adventure