Latest Market Statistics
Read Now
News

RECORD MONTH FOR RAY WHITE MANUKAU

By Alana Saunders

It’s been a record month at Ray White Manukau, with more sales in October than any month since the office was opened in 2012.

Ray White Manukau managing director Adam Thomson is applauding the work of the agents and support team in getting 75 sales completed worth a total of $51 million – despite rhetoric that the housing market is slowing down.

“It’s been our best month ever and I think that’s – in part – due to the stabilisation of prices. Both buyers and sellers are feeling more confident in property prices and values now and last month’s figures mean we have sold a property, on average, every ten hours during the month of October.

“We are also proud to have a team of Ray White’s leading agents – across New Zealand – driving these numbers. We are exceptionally proud of the strength of our sales team and how they have adapted and embraced the changes in the market – and also the team that support them in this process.”

The month has also seen a high number of listings, Thomson said.

“We have replaced every house sold with a new listing and this month we’ve also had an 80% clearance rate at auction.

“This tells a different story than what we are hearing – I think previously overinflated prices have settled and, actually, have stabilised themselves.

“With these levels of supply and demand, we believe we are unlikely to see a “correction” as others are predicting – that has already happened. What we are seeing now is continued interest from buyers and sellers, and strong need for good housing stock and the general feeling that the market is good.”

If you’re thinking of selling, there’s no better time than the present.  For an obligation free appraisal from one of our award winning agents simply fill out the form below.


Your Contact Details

Property Details

Up to Date

Latest News

  • Ray White Manukau ranked second in New Zealand.

    At the highly competitive Ray White New Zealand annual awards, South Auckland agency Ray White Manukau was ranked the number 2 office in the country. Recognising performance based on value of sales, the top 10 city-based offices in the Ray White New Zealand network were awarded. Ray White Manukau was … Read more

    Read Full Post

  • Ray White Manukau expands with new Head of Projects

    With more than a decade of experience in the South Auckland market, award winning real estate agent Ruby Manak has joined the Ray White Manukau – A T Realty Group team as Head of Projects. Ruby has joined the powerhouse team as an expert in the projects and development space, … Read more

    Read Full Post