After looking more closely at Auckland coastal listings, I have a new problem: the properties showing about 91 days on market do not seem to form one consistent market. I am considering homes around NZ$1,749,000 to NZ$2,624,000, and condition appears to affect how quickly they move.
Would that length of marketing support a firmer offer only when it is backed by evidence of seller motivation, or might seasonal listing volume explain it? I also wonder whether my definition of coastal is crossing neighbourhood boundaries that attract different buyers. I would be interested in completed sales with comparable condition and property type, along with any indication that the seller changed expectations during the campaign.
Would that length of marketing support a firmer offer only when it is backed by evidence of seller motivation, or might seasonal listing volume explain it? I also wonder whether my definition of coastal is crossing neighbourhood boundaries that attract different buyers. I would be interested in completed sales with comparable condition and property type, along with any indication that the seller changed expectations during the campaign.