The sales statistics for April suggest a significant drop in the number of sales completed in April throughout the Whangarei District, however through the lockdown period we still had a steady level of enquiry from purchasers looking for property. Enquiry by buyers from other regions has been strong particularly for investment and coastal property.
Interesting the number of buyers who are confident in their ability to borrow and are wanting to ensure they get into the market as soon as possible. This has lead to multi offers on well-priced property. There has been no noticeable drop in prices so far.
The lock down period seemed to be a perfect opportunity for people to reassess their position and think seriously about their next move. In May, we have had viewings on many of our listings and negotiated a good number of sales.
Our team are all back at work full time and eager to take your call, whether it be to list or appraise your home or just for some sound advice about the market.