Posts Tagged ‘Ray White Greymouth’
The Ray White Group in New Zealand is pleased to report that sales for the month of October 2013 increased by 18% in comparison to October 2012. The completed sales numbers saw the company in total transact over $500 million in released sales at an average sale price of $489,233 with 1303 numbers of sales (including conjunction sales).
The Auckland market lifted considerably in volume to see a 15% increase to $345 million in sales, with the top three offices reporting record sales. The Northland region also showed an increase of 12%, with Ray White Whangarei reporting a personal best result of over $10 million in sales. The Central and Lower North Island remained consistent, while the Upper South Island and Christchurch showed sales increases of 15%, with the Lower South Island increasing total turnover by 16%.
The top five offices across the country was led by Ray White Remuera who completed $27 million in sales and were appointed to 25 auctions and a total of 45 controlled listings during the month. Ray White City Apartments, who were appointed to 66 new listings for October, completed 80 released sales. Ray White Ponsonby had another outstanding month with just on $22 million in sales. Both Ray White Howick and Ray White Royal Oak completed an excellent month with sales close to $20 million in total turnover.
The Lower South Island saw Ray White Dunedin complete over $9 million to lead the zone. Ray White Wanaka and Ray White Invercargill together with Ray White Oamaru had very good sales months. The Christchurch area saw Ray White Metro as the number one sales office in the zone. Ray White Rolleston completed $17.5 million in property sales, with Ray White Ashburton recording a personal best result of $6.2 million. The Upper South Island saw Ray White Richmond completing $9.5 million in property sales. Ray White Nelson and Ray White Greymouth also had a good sales month.
In the Lower North Island, Ray White Wanganui was the leading Ray White business, with Ray White Palmerston North and Ray White Lower Hutt both making sales of $4.5 million. Ray White Hamilton, who featured in the top 10 Ray White offices, completed $11 million in sales. Ray White Papamoa, Ray White Rotorua and Ray White Te Awamutu all sold above $5 million in released sales.
The Northland market saw the Ray White Whangarei office feature in the top 10 with $10.7 million in sales. The Ray White Mangawhai and Ray White Paihia offices both registered $2.5 million in property sales.
Ray White Auckland Commercial was the leading sales office for commercial property, with $11.5 million in commercial sales.
The total listings available through Ray White at the end of October were made up of 6,992 residential properties, just over 1,500 commercial properties, with rural and lifestyle listings being 1,150. In total, the Group has just under 9,700 properties available. The group recorded a significant rise in new property appointments for October. The total unconditional sales through the 135 Ray White offices was 1,303 with an average sale price of $489,233, which was an increase of 3% on last month’s sale price and an 8% lift on the average sale price 12 months ago. The average days on market calculated during the month of October based on the unconditional sales date was 39 and that included all property sales. The average days on market for the Auckland area totalled 29. Both calculations for days on market have reduced by two days.
The overall observations from the property sales in October saw an increase in sales occur between $450,000 and $850,000. This gave an effect of property sales being more geographically spread across New Zealand and this was also the case in Canterbury and Auckland. The South West corridor of Canterbury saw a notable increase in property sales, while the South Eastern corridor in Auckland was where there was an increase in property sales activity.
Ray White conducts property sales through 135 locally based community offices, with 125 offices providing full property agency services, with ten offices offering specific services relating to property management or commercial property.
During October the group welcomed 2 additional offices in Auckland being Kelston and Millwater.
Ray White New Zealand has recorded a 12% increase on sales for March 2013 in comparison to 12 months ago. The increase from last month in total value of sales was 41%.
The Northland region saw the country’s biggest increase for the Group, up 49%. In addition to this, controlled listings were also 21% ahead of last year.
The Auckland market continues to surge with a 16% increase on March 2012 and a 45% increase on last month. Overall stock levels remain at a consistent level; however auction marketing is continuing to play a dominant role as a preferred method of marketing.
The Central North Island was the only region to see a decrease, being 10% behind last year’s result. The Lower North Island was 20% up on last year and has maintained a 15% year to date increase in properties listed.
The Upper South Island showed an increase of 40% while year to date the overall sales increase has been 15%. The Canterbury region for the second month running has remained similar to 12 months ago. This market is also showing a strong lean towards auction marketing. The Lower South Island increased by 11% in their property sales from 12 months ago, with an increase in controlled listings of 18%.
Overall the company saw just under $500 million worth of sales released in the month of March. There were just on 2,700 properties listed as sole agencies, with 31% of those being marketed by auction.
The top five businesses in the Group achieved a record level of sales headed up by Ray White Ponsonby with just under $31 million in released sales. Ray White Remuera were the number two office in New Zealand with $25 million in sales. Ray White City Apartments again had a strong month completing 62 sales. Ray White Hamilton achieved $14 million in property sales at number four, with Ray White Metro in Christchurch completing $12.5 million in sales to be number five in the Group.
Ray White Whangarei, Ray White Broadway, Ray White Royal Oak, Ray White Mt Albert and Ray White Richmond were other offices to complete results in the top 10. Other regional outstanding zone performances include Ray White Wanganui, Ray White Paraparaumu, Ray White Nelson, Ray White Dunedin, Ray White Arrowtown, Ray White Gore, Ray White Papamoa, Ray White Rotorua and Ray White Greymouth.
The Ray White New Zealand Group results for May 2012 were the best sales results by the company in 4 years they showed a 54% increase on the previous May results in 2011 and showed a 21% increase on April’s results. The surge in sales came from right across New Zealand, with the Northland zone showing the most substantive increases, mainly due to the Ray White growth.
The Auckland zone saw an increase of 54%, with a major volume lift through Central and East Auckland. The Central and Lower North Island was up 53%. This was led by higher sales in the Waikato and Bay of Plenty regions. The Manawatu district also showed a good increase. Throughout the South Island the West Coast area was exceptional in sales numbers, with the Upper South Island also showing a volume lift. The Christchurch region had double the turnover in comparison to this time last year; while further South, Otago and areas of Southland showed strong gains.
The top office for the Group was Ray White City Apartments, who completed 77 transactions and listed 112 properties. Ray White Ponsonby had unconditional sales in excess of $35 million which placed them at number two in the Group. Ray White Howick together with Ray White Remuera and Ray White Ellerslie were in the top five offices for the Group. Ray White Manurewa, Ray White Glenfield and Ray White Te Atatu were the other leading offices in the Auckland area.
Ray White Mill Street Hamilton, Ray White Rotorua and Ray White Papamoa had outstanding results in the Central North Island. Ray White Palmerston North was the top office in the Lower North Island zone. In the South Island, Ray White Metro in Christchurch and Ray White Rolleston were the two leading offices. Ray White Dunedin, Ray White Richmond and Ray White Greymouth also had outstanding months.
The result of the increase comes as favourable market conditions continue to buoy the market. In addition to this, the Ray White Group has added an additional 19 new locations during the last 12 months and this has underpinned the solid growth performance. This month Ray White will open a further two offices; being Ray White Papatoetoe and Ray White Lower Hutt.
The Ray White Canterbury and West Coast Quarterly Awards were recently held at the Clearwater Resort in Christchurch.
The overall supreme salesperson for the quarter was Sid Charoenpornsavat from the Ray White Northwood office and Sid was also recognised as the top business growth salesperson for the quarter. The top office for sales turnover was Ray White Metro, with Ray White Greymouth being recognised as the top office for business growth.
The following ad appeared in the Christchurch Press and was in part to thank all of our partners, including the Christchurch Press, Property Press, Trade Me, realestate.co.nz and signage companies, who have assisted with the ongoing growth of our business through the region. It has been a difficult time during the past 12 months throughout the Christchurch market and our business owners have responded by ensuring the sales team and property managers are able to continue to operate with the best resources within the marketplace.
The Ray White Group has 160 sales people in the Canterbury and West Coast regions and we would like to acknowledge their continuing efforts in assisting sellers and buyers within the market.