From the daffodils that frame Hagley Park and the blossoms that line the Avenues, there really is nowhere quite like Christchurch in the Spring.
And, as the Garden City comes into bloom, the local property market is looking full of life too! Despite winter’s reputation as a quiet time in real estate, the median house price in Christchurch was up in both June and July, compared to the corresponding period last year. The total volume of sales increased across that two-month period as well, with more than a thousand properties changing hands.
These results seem to fly in the face of the narrative circulated by the media in recent weeks. But, it’s important to remember that most of the data used by industry commentators is based on national figures – and those figures are heavily influenced by the Auckland market. If you’re buying and/or selling in Christchurch, the only numbers which really matter are much closer to home.
Given the current momentum of the local market, the coming months are shaping as the ideal time to sell your home. The onset of spring is always the catalyst for sales, with purchasers hustling to complete transactions before Christmas. New job prospects and schooling requirements for 2020 fuel this even further, while the warmer weather and the sunnier days mean homes just look, and feel, that much more appealing.
If you’re thinking about buying or selling, or are just after some friendly advice, then please don’t hesitate to get in touch or request a no-obligation appraisal by clicking HERE – the team here at Holmwood are ready to ‘spring into action’!