The real estate market blazes on in West Auckland. The shortage of properties just keeps fuelling the flames. Tony Alexander the chief economist for the BNZ at the beginning of the year predicted a higher than 10% increase in prices for Real Estate in Auckland in 2013.
I thought this somewhat optimistic. Events for the 1st quarter in West Auckland at least seem to suggest it will certainly be at least a 10% increase for this calendar year.
Last month for example I personally sold 8 properties all for sale by negotiation. Because of the huge number of buyers I have on my database the average time to sell was just over 2 weeks. Every sale had multiple offers. The lowest number was two offers and the highest was 7 offers.
Prices far exceeded expectations. Right now any agent can sell a property. The skill is getting top prices for the vendor.
If you are thinking of selling please call me I know I can get you multiple offers and a price that will excite you.
Best wishes,
John Goodrum
Licensee Agent REAA 2008
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