Market-Report-TAURANGA-May-2017

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Market Snapshot – May 2017 Tauranga There were 142 Recorded sales in the TAURANGA region for MAY 2017 UP from 119 recorded the previous month. The median days to sell were 37 days unchanged from the previous month. Sales numbers in MAY have increased by approximately 19.5% on the previous month with the Median Sale price increasing by $9,065 to $581,065. The market is still adjusting and we need to analyse statistics over the following few months to see if there is a pattern in relation to sales numbers and property values. Winter is now upon us, temperatures dropping and nights getting longer however some of the days have been beautiful with the winter sun warming both heart and spirit. Don’t believe what some people may tell you that winter is not a great time to sell, I know it is. There is less competition in the market. Buyers love seeing properties in the winter. If your fire is roaring or the heat pump on it can give a cosy and welcoming feel.

142

Our office was recently involved with Breast Cancer Pink Ribbon fundraising and helped raise $1,000’s towards this worthy cause. Raywhite Bayfair actively supports Our Community we love giving back. Our team at RAY WHITE BAYFAIR are Client and Customer focussed and we are amongst the top providers in our Ray White group for Outstanding Customer Service.

Sales May 2017

The team at RAY WHITE BAYFAIR are focused on achieving Best Price and we are thoroughly trained in creating competition for your most valuable asset. Service, Professionalism, Team work and Achieving the Best Price and Creating Competition for your property remain our FOCUS. Our difference is our Outstanding TEAM and our continued commitment to Excellence. Talk to me today we care and are ready to listen. Call us for a confidential no obligation discussion, we are here to help. Client focussed, Great Systems= Outstanding RESULTS. We look forward to exceeding your Real Estate Requirements.

16%

Prior month April 2017 > 119 Sales

$581,065

29%

Last year May 2016 > 186 Sales

Median price

Monthly sales results are based on the month of the settlement. Median price is based on the last 12 months of sales. We make no representation or warranty as to the accuracy, reliability or completeness of the information contained in this document - independent financial, legal and taxation advice should be obtained before making any decision. We acknowledge that information contained in this document may be sourced and obtained in part from third parties, including but not limited to, the Real Estate Institute of New Zealand Inc and Trade Me Limited. We also acknowledge that properties displayed as being sales or listings may be that of other agents. Licensed under the Real Estate Agents Act 2008. Accordingly, no representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this or any other information supplied on our behalf, whether orally or in writing.

Tauranga

142 sales including 1 apartment 4 section sales

Monthly sales results are based on the month of the settlement. Median price is based on the last 12 months of sales. We make no representation or warranty as to the accuracy, reliability or completeness of the information contained in this document - independent financial, legal and taxation advice should be obtained before making any decision. We acknowledge that information contained in this document may be sourced and obtained in part from third parti es, including but not limited to, the Real Estate Institute of New Zealand Inc and Trade Me Limited. We also acknowledge that properties displayed as being sales or listings may be that of other agents. Licensed under the Real Estate Agents Act 2008. Accordingly, no representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this or any other information supplied on our behalf, whether orally or in writing.

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