Strong marketing achieves success in Auckland apartment market
Despite it being winter and a rather slow market, our listing numbers for apartments in Auckland are increasing steadier compared to our mid-year records for 2018.
There’s no doubt about it: buyers are active in Auckland’s apartment market. But the difference between buyer outlook this year compared to last is that they have more confidence. The result? Buyers are taking more time to make decisions.
These challenges are being overcome in our auction rooms. To date, we’re continuing to see active bidding right across the board, with more success bridging the buyer-seller gap on the auction floor or post-auction, as our auction clearance rate sits at circa 68%.
But we can’t ignore the fact that to successfully sell Auckland apartments in such a market, it pays to have a solid marketing plan in place. Well-promoted properties are still attracting strong buyer competition and, ultimately, getting better results for buyers and sellers alike.
So, if you’re looking for new, luxury, waterfront or studio apartments for sale in Auckland, or you need expert support in buying or investing, give us a call today.
Cause for Optimism Despite ongoing uncertainty globally, positive momentum is returning to New Zealand’s property sector — and the signs are encouraging. “Despite the chaos playing out internationally, we’re seeing strong indicators of renewed confidence at home,” says Daniel Horrobin, Director of City Realty Group. “There’s a noticeable shift — … Read more
Plenty to Watch as 2025 Unfolds Uncertainty continues to shape the New Zealand property market, with ongoing global trade tensions keeping both buyers and sellers alert. As CoreLogic Chief Property Economist Kelvin Davidson recently noted, “These are uncertain times for New Zealand, with no one quite sure what impact the … Read more
Market Comment – August 2019
Strong marketing achieves success in Auckland apartment market
Despite it being winter and a rather slow market, our listing numbers for apartments in Auckland are increasing steadier compared to our mid-year records for 2018.
There’s no doubt about it: buyers are active in Auckland’s apartment market. But the difference between buyer outlook this year compared to last is that they have more confidence. The result? Buyers are taking more time to make decisions.
These challenges are being overcome in our auction rooms. To date, we’re continuing to see active bidding right across the board, with more success bridging the buyer-seller gap on the auction floor or post-auction, as our auction clearance rate sits at circa 68%.
But we can’t ignore the fact that to successfully sell Auckland apartments in such a market, it pays to have a solid marketing plan in place. Well-promoted properties are still attracting strong buyer competition and, ultimately, getting better results for buyers and sellers alike.
So, if you’re looking for new, luxury, waterfront or studio apartments for sale in Auckland, or you need expert support in buying or investing, give us a call today.
Latest News
Auckland Apartment Report – June 2025
Cause for Optimism Despite ongoing uncertainty globally, positive momentum is returning to New Zealand’s property sector — and the signs are encouraging. “Despite the chaos playing out internationally, we’re seeing strong indicators of renewed confidence at home,” says Daniel Horrobin, Director of City Realty Group. “There’s a noticeable shift — … Read more
Read Full Post
Auckland Apartment Report – May 2025
Plenty to Watch as 2025 Unfolds Uncertainty continues to shape the New Zealand property market, with ongoing global trade tensions keeping both buyers and sellers alert. As CoreLogic Chief Property Economist Kelvin Davidson recently noted, “These are uncertain times for New Zealand, with no one quite sure what impact the … Read more
Read Full Post