It’s easy to get confused by the property market headlines at the moment. We’re hearing about a general slowdown, with average Auckland values dropping by 2.5% in the last quarter.
But as we always say, real estate is local. And here in Glen Eden, the story is one of stability and confidence.
While other parts of the city have seen prices dip, the Glen Eden market is holding strong. In fact, over the last 12 months, the median sale price has actually seen a 2.4% increase, sitting at a solid $840,000.
It’s very much a balanced market right now, which is good news for both buyers and sellers. There is a healthy amount of property for sale, which gives buyers more choice and time to make the right decision.
Here’s a snapshot of the Glen Eden market:
For buyers, this is a great opportunity. There’s a good selection of homes to view, and with less urgency in the market, you have time to find the one that’s right for you. Recent sales in the area for three-bedroom homes have ranged from $830,000 to $950,000, showing there is still strong demand for good properties.
For sellers, it means that presentation and pricing are key. The current “days on market” shows that buyers are doing their homework. Getting your marketing and sales strategy right from day one is the best way to get a great result.
Of course, the value of Glen Eden isn’t just in the stats; it’s in the community. It’s a brilliant place to live, with the Waitākere Ranges on our doorstep.
It’s great to see local initiatives still going strong, like the upcoming Community Weed Bin Weekend in November, helping everyone get their gardens ready for summer while protecting our local bush. It’s small things like this that make this part of West Auckland so special.
The Glen Eden property market is in a healthy, balanced position. If you’re a buyer, you have time and choice. If you’re a seller, you have stable prices and a clear path to a successful sale with the right advice.
If you’re curious about where your property sits in today’s market, or want to chat about your options, our team is here to help.
Please get in touch for a confidential chat about your property goals.
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