π Auckland Property Market Ends Year On High Note and Promises More in 2021
The Auckland property market ended the year with the strongest December sales numbers and prices on record, and with early indications that the New Year break would not dampen sales momentum.
βThe market is set to make a strong return in January,β said Peter Thompson, Managing Director of Barfoot & Thompson.
βIn December we sold 1,479 properties at an average price of $1,092,518 and at the median value of $1,005,000.
βThis is our strongest December sales ever, and the sixth straight month we have sold more than 1,000 homes in a month.
βOnly once before have we sold more than 1,000 homes in a December, and that was in 2014 when the market was building towards the peak of the last price cycle."
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