“The property market in Christchurch – and auctions in particular – is running red-hot at the moment with the majority of properties attracting huge competition under the hammer,” said Ray White New Zealand Auctioneer Ben East.
“The spotlight is often on Auckland in terms of auctions, but as we can see from our own data, sellers across Christchurch are reaping the rewards of selling their property via an auction.”
Another highlight came in Rolleston as Ray White Town and Lifestyle Business Owner Brendan Shefford and Branch Manager Nick Booth sold 41 Brookside Road (above) for $557,000.
“There’s plenty of activity in the market and the buyers really serious about purchasing are getting themselves into a position to bid and buy. Of the 35 groups we had through the open homes, six of them registered to raise their paddle on the day,” Mr Shefford said.
