Shane Laidlaw Eves Realty

The market is definitely on the move! February saw a massive 55% increase in the total sales for the Mount, Papamoa and Tauranga markets. Anybody contemplating selling should now jump in – the time is right!

Looking at each individual area, the highlights and comparisons are as follows:-

Tauranga had 131 sales in February - in the corresponding period in 2011 there were 92 sales, an increase of 42%. The bulk of the sales were between $70,000 to $400,000. Two sales achieved over $900,000, one of them at $1.5m. In the same period last year, there were no sales over $900,000.

The Mount sales were 50 in February and in the same period last year just 35 – an increase of 43%. Some of the highlights in the Mount were four sales over $1m as compared with one sale over $1m in the corresponding period last year.

Sales in Papamoa were 57 as compared with 26 in the same period in 2011, an increase of 119%. This included one sale over the million dollar mark at $1,350,000. There were no sales over $690,000 in the corresponding period last year.