As we step into the vibrant early days of autumn, the Kapiti Coast real estate market continues to show remarkable resilience and activity. This update, drawn from the latest REINZ stats and my personal observations as a dedicated Kapiti Coast real estate agent, aims to provide you with a comprehensive overview of the current market conditions. Whether you're a buyer, seller, or simply keeping an eye on the market, this post is your gateway to understanding the dynamics of real estate in our beautiful region.
The Real Estate Institute of New Zealand (REINZ) has just released its market insights for February 2024, presenting an intriguing picture of the Kapiti Coast real estate landscape. As of 15th March, the Kapiti Coast boasts 414 active listings, with significant movements observed across various suburbs. Here's a closer look at what the numbers reveal:
These figures suggest that buyers are actively engaging with the market, and sellers are aligning their expectations with current market conditions, fostering a balanced and dynamic environment.
Suburb Spotlight - February 2024
Let's dive into the suburb-by-suburb breakdown to get a detailed view of the market dynamics:
Overall, the Kapiti Coast saw a total of 103 sales in February, with an overall average sale price of $791,000 and an average of 41 days to sell.
A recent highlight from my listings was the sale of 40 Francis Road in Paraparaumu Beach. This property attracted immense interest, with over 60 group viewings and a competitive multiple offer scenario, eventually selling well over the RV. This case exemplifies the high motivation among buyers, who are increasingly prepared to present their best offers in today's market.
The Kapiti Coast real estate market is showing signs of a healthy balance between buyer interest and realistic seller expectations. As a real estate agent committed to this vibrant community, I am here to support you in navigating these dynamic conditions. Whether you're looking to buy, sell, or simply explore your options, I encourage you to reach out and leverage my expertise for your real estate journey.
For more information on our latest listings or if you have any questions, please feel free to contact me. Your dream property awaits on the Kapiti Coast, and together, we can make your real estate goals a reality.
Charlie is a local Coaster, originally from Horowhenua, he is proud to be a part of the Kapiti Coast community. Charlie enjoys what Kapiti has to offer, with its coastal climate, fishing and gardening are two things he enjoys outside of working for his clients.
Charlie possesses both youth and enthusiasm, he has a combination of a fresh approach to Real Estate and a drive to do better than the industry average. Charlie uses a modern, multi-platform strategy mixed with traditional marketing. This approach ensures he is capturing the best buyers from the market, creating the opportunity to create a competitive environment to maximise the sale value of your property.
Great communication, personable and diligent at building connections are some words Charlie’s clients use to describe their experience with him. With skills in client relationships as a strong foundation, he is passionate about helping people achieve an outcome in their property journey and willing to roll up his sleeves to help achieve a successful outcome.
Along with the training and support system unique to Property Brokers, he is proud to be part of New Zealand's best provincial Real Estate Agency.
Charlie is determined to create a clear and easy process for his vendors and purchasers, seeking the best results for your property are prioritised above all else, whether you are purchasing or selling.
Have you considered buying or selling a property? Or do you know of a family member, friend or colleague who is considering buying or selling a property? Contact Charlie Goodyer to experience next level service.
