Speed also remains one of the greatest strengths of the auction process.
Properties sold under the hammer are averaging approximately 30 days on the market, compared with around 53 days for alternative methods of sale- which is a meaningful advantage for vendors navigating relocations, school transitions, or other time-sensitive decisions. In a market where certainty has often been elusive, the ability to transact with clarity, transparency, and efficiency is proving increasingly valuable.
“ Properties sold under the hammer are averaging approximately 30 days on the market, compared with around 53 days for lternative methods of sale”
Sam Steele, Ray White New Zealand, Head Auctioneer
As we move past the mid-year mark, the tone across the property market has become more assured. Activity is broadening across regions and price points alike, rather than being concentrated within isolated pockets of demand.
Taken together, these indicators point to a market rediscovering balance, confidence, and forward momentum, laying the foundations for a year defined by steady progress and sustainable growth, rather than volatility.
RAY WHITE NOW NEW ZEALAND | 17