What's new pussycat?

As someone who lives and works in the Christchurch area, I wanted to share with you some exciting news about the local property market.

With particular attention to our beautiful Eastern Beaches and forest edged neighbourhoods'. As you may already know, the housing market in Christchurch has been experiencing a significant boom in recent years, with property prices steadily increasing. Although we have recently experienced a market correction.

What you may not know is that certain suburbs have been performing particularly well, and I am excited to share this information with you.

I have attached a PDF document containing data on the median sale prices of the five suburbs in the Eastern area of Christchurch over the past five years.

As you will see, these suburbs have seen impressive growth in property values, with some experiencing increases of up to 74% compared to five years ago. This is great news for those who may be looking to sell their property in these suburbs, as it suggests a strong demand and potential for a great return on their investment. On the other hand, for those looking to buy, the current prices are still relatively affordable compared to the wider Christchurch area, and there is a strong indication that property values will continue to rise.

Although these suburbs have some upbeat outlooks, the market is still adjusting, and the current mortgage rates make funding for some buyers a greater task to tick off Despite the positive trend in the property market in these suburbs, it is important to note that the response to the market may still be slow for some buyers and sellers.

It is important to work with an experienced and knowledgeable real estate salesperson who can guide you through the process and help you make informed decisions based on your unique situation.

As a local real estate professional with expertise in these areas, I can provide valuable insights

and support to help you achieve your real estate goals. As someone who has local experience and knowledge of the area, I am confident that these suburbs will continue to be wonderful places to live and invest in. Please feel free to reach out if you have any questions or if you would like to discuss them further.

Thank you for taking the time to read this and review the attached data.
I hope it has provided you with valuable insights into the real estate market in these areas. Please do not hesitate to contact me. I would be more than happy to share my local expertise and assist you in any way possible.