We are increasingly seeing signs of typical spring activity in the market. While July and August listing and selling activity has been solid throughout our EVES branches we are increasingly fielding requests for appraisals and responding to general buyer enquiry right across the market.
We are seeing excellent auction clearance rates in our EVES Auction room. While the pre-auction and under the hammer activity has reduced, we are picking up the sales process in the two weeks post auction; successfully selling and still achieving a success rate of over 70% when listing a property for auction with EVES.
The median house prices for the Bay of Plenty (Tauranga and Mount Maunganui, Papamoa) are showing on average 5% growth year on year when compared to this time last year. This is reflective of demand still outpacing supply as people continue to view the Bay of Plenty as a viable option to either relocate to or invest in.
Contact your favourite EVES salesperson or branch today if you are thinking of selling in the near future or just want an update on what’s happening in your area and most importantly, enjoy the last few moments of winter as we look forward to some warmer weather through spring!