Barfoot & Thompson | Mt Albert

Page 1


Welcome to our SOLD Mount Albert Market Report magazine for

April 2025

Our magazine contains the latest available information regarding property sales in the local area along with details of market trends, stats and tips.

Aucklanders continue to have an almost insatiable appetite for property market intelligence, so each month we will share details of the trends in your area. This is just part of our commitment to continue delivering you the highest level of service.

We’ve been locals for decades so we know the area well. Our goal is to apply this knowledge for you so you’re able to make the most of the opportunity that today’s and tomorrow’s market presents.

Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.

Thank you and all the best for the coming month. Mt Albert branch 871 New North Road

Jean Smith and the Mount Albert team

Latest News

Auckland housing market recovery arrives

The Auckland housing market has responded aggressively to improved buying conditions with turnover hitting the highest number of sales in a month for more than three years, and with prices at their highest this calendar year.

“The long-anticipated housing market recovery finally arrived in March,” said Peter Thompson, Managing Director of Barfoot and Thompson.

“We sold 1,213 properties in March, and you need to go back to July 2021, when the market was just off its peak, to find a month when we sold more homes.

“There was also a marked increase in sales prices during the month, with the median price increasing by 4.3 percent to $970,000 and the average price by 3.4 percent to $1,145,045.

“The momentum in the market has been slowly building since the start of the year, and with marginally better economic

news in March confidence in the housing market lifted.

“Although both the median and average prices paid in March were at their highest this year, buyers continued to be cautious, and the prices being paid remain below where they were at this time last year.

“Higher sales number at modestly higher prices is a positive sign that improved market activity is likely to be sustained over the next few months.

“Buyer choice remains at an alltime high despite the high sales in March, and we listed 2,103 new properties in the month through a combination of new builds reaching the market and existing properties.

“At month end we had 6,268 properties on our books, by far the largest number of listings for 15 years.

“Sales activity was strong in all price segments during March, with a notable increase in sales at the top end of the market.

“We sold 28 homes for more than $3 million, the highest number in a month for three years and another 61 between $2 to $3 million.

“Sales activity in the rural and lifestyle markets in Northland and the Auckland region also increased significantly in March, with sales of close to $65 million across 39 properties.

“While turnover in the rural and lifestyle markets was up 48 percent on that for February, it was in line with turnover at the same time last year.”

Mount Albert & Sandringham

Market Share and Figures

Market Leaders

We sell across all price brackets and types of property. Here’s proof why people continue to list and sell with Barfoot & Thompson.

Overall Market Share

Over the last 12 months, Barfoot & Thompson sold more property in our area* than any competitor.

For the period from 1st April 2024 to 31st March 2025, we sold 37% of all properties for sale in the area – that’s over 390 sales made by Barfoot & Thompson!

Monthly sales overview in the local area* (*Recent Sales)

*Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. The area shown includes Avondale, Mt Albert, New Lynn, New Windsor, Sandringham & Waterview. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

1st January to 31st March 2025 compared to the same period last year.

1st January to 31st March 2025 compared to the same period last year.

Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where sales information was not publicly available, an individual sale may have been excluded from the average results and tallies. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

AUTUMN IS AN AWESOME TIME TO SELL

Summer is often seen as the most ideal time of the year to list your home but it can be smart to wait until autumn to hammer that ‘for sale’ sign into your lawn.

After all, the kids are back in school, the weather is still temperate and people are traveling less creating a more captive audience.

Rest and relaxation

Summer months are meant for relaxing, and spending time with family. Keeping the house clean with the kids home all day coupled with having to work around open houses can really be overwhelming. Wait until the dust has settled and people are closing up baches and coming home from the beaches.

The charm of autumn

There is something so lovely about the changing leaves and a crisp cool morning with a cuppa in your hand. Have a cookbook open on your countertop to a recipe for a hearty stew next to a bowl full of red apples and home buyers will be able to picture themselves getting cosy during a night in. Plus, the autumn palette on your trees can make your garden more appealing.

Heating and cooling during a cooler market

In summer, heatwaves make sweltering indoor temperature a glaring issue. Attendees at open homes often find themselves sweaty and uncomfortable while viewing properties, especially during mid-day viewings. Prospective buyers then become aware of how hot a home could be and it might therefore appear less appealing. Autumn temperatures make for a more pleasant period of time with weather extremes less of an issue. Plus, things like heat pumps and fireplaces (more common than air con) become big selling points.

Less competition

There are fewer homes on the market during the autumn months so your property will potentially receive more attention and have less competition for buyers.

Less competition for your power team

Having the right photographers, salesperson, home stagers and cleaners can be game changers when putting your house on the market. During the summer, these coveted services can be more expensive and the “best of best” can be fully booked. Waiting until the fall means there is less demand for services so you can score an appointment and you may be able to negotiate lower rates.

Buyers tend to be more serious

Autumn home buyers tend to be more focused on what they want.They have had the summer to hone down their property wish list and will be more likely to move quickly to purchase. Another motivation is that few want to brave winter’s cold temperatures when packing and settling in.

Want to know more about how to add value to your property?

For more advice, contact one of our salespeople or check out all our selling tips on how to add value to your home.

Recent

Sales

The following pages show a summary of sales in Mt Albert & Sandringham made by all selling agencies during March 2025.

Our sales data includes information submitted by the selling agency and may include some private sales. Where details of a particular sale may not have been able to be fully verified, it may be omitted from our reports.

Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.

Every reasonable effort has been made to ensure the accuracy of the information presented. Land and floor sizes are approximate, sourced from REINZ, Auckland Council or other public sources and may contain inaccuracies. Barfoot & Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Mount Albert

16 Alamein Terrace

$1,000,000

65 Alberton Avenue

$2,425,000 $2,575,000 CV

41 Asquith Avenue

$1,690,000 $1,750,000

2 Counsel Terrace

$1,650,000

38

Ennismore Road

$1,467,000 $1,775,000

4

43

Harlston Road

$1,489,000 $1,875,000

13A

Kitenui Avenue

$1,470,000 $2,000,000

58

Linwood Avenue

$2,182,000

70

Lloyd Avenue

$2,525,000

1J/27 Morning Star Place

$375,000

63 Morningside Drive

$1,180,000

1A-1C/1122 New North Road

$1,200,000

701B New North Road

$823,000

2 Olympus Street

$870,000

28 Parkdale Road

$2,430,000

5/35 Rawalpindi Street

$525,000

40C Richardson Road

$850,000

1/75 Richardson Road

$725,000

17 Rossgrove Terrace

$2,360,000

22B Stewart Road

$1,438,000 n/a

37 Stewart Road

$1,482,000

106/124 Taylors Road

$750,000 $1,140,000

1 Vinter Terrace

$1,618,000

20/43 Woodward Road

$225,000 $290,000 CV

This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Sandringham

4/32 Arabi Street

$545,000

30A Aroha Avenue

$1,060,000

3/7 Begbie Place

$417,000

1/30 Coyle Street

$871,500

4/14 Fowlds Avenue

$893,500

1/43 Halesowen Avenue

$730,000

2/1A Haverstock Road

$665,000

17 Huntingtree Avenue

$1,685,000

16

62 Kiwitea Street

$1,815,000 $2,150,000 CV Land Size Sale price 450 Bedrooms 5 Floor size 286

103 Lambeth Road

$1,260,000 $1,800,000 CV Land Size Sale price 579 Bedrooms 2 Floor size 90

23A Lancing Road

$1,905,000 $1,775,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 179

12A Locarno Avenue

$1,452,000 $1,525,000 CV Land Size Sale price 161 Bedrooms 4 Floor size 160

29 Oxton Road

$1,900,000 $2,025,000 CV Land Size Sale price 613 Bedrooms 3 Floor size 129

69 Paice Avenue

$1,795,000 $2,175,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 145

38 Ti Kouka Lane

$826,000 $900,000 CV Land Size Sale price 79 Bedrooms 2 Floor size 85

25 Tranmere Road

$2,215,000 $2,500,000 CV Land Size Sale price 612 Bedrooms 4 Floor size 213

This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Meet the Team

Jean Smith

Branch Manager 027 499 5857

Family is everything to me, that’s why choosing to work for Barfoot & Thompson was an easy choice. Family is one of their core values along with caring for their community. They are a Five-Star partner of the Starship Foundation, they also support Mercy Hospice and many local schools and clubs.

I have now been with the company for 40 years! I began my career as an administrator, 10 years as a successful salesperson and from then as a Branch Manager. In 2018, I was honoured by the company and inducted into their Hall of Fame. All of these roles have given me such a wide range of skills. Moving to New Zealand from Scotland in 1973, helped me to understand what it’s like to move to a new country and find a new home, an experience I haven’t forgotten.

I am passionate about all aspects of the real estate industry and in the late 90’s, became involved with REINZ, the national industry body. In 2003, I was appointed Auckland District President, the first women to hold that position and in 2007 I was honoured to receive a Fellowship. I then became the Auckland/Northland Regional Director on the newly formed REINZ board.

Both the sales team and property management division at the Mt Albert branch are experienced and have a vast knowledge of the local area. As a branch, we play a very active role in the community sponsoring local schools, kindergartens and sports clubs. We are proud to be the major sponsor for the 1st XV at MAGS.

It is a privilege to work for this family company, and after 40 years I still love coming to work every day to be part of this special team.

Property Management team

Renee Wesche

027 431 9539

Aleah Hallie

027 431 9540

Kay Kang

Sissi Shi

Lianne Turner-Morice

Manager 027 801 9381

Residential Sales team

Maggie Chen 022 694 1838

James Ju 021 770 018

Gagan Sharma 022 444 2259

Kimberley Ea 021 033 0096

Jane Li 021 740 558

Jay Sun 022 432 0051

Rachel Xie 021 028 86516

Joanne Yu 027 568 2772

Karen Gianotti 021 137 4152

Chase Liu 021 258 3760

Yogesh Suri 021 630 722

Jane Zeng 021 801 961

Han 021 993 773

Liu 021 268 8108

Ian Wang 021 410 252

Huang 021 143 2675

Mei 021 580 666

Wooding 021 940 350

Christine
Leo
John
Gavin
Zach

871 New North Road, Mt Albert, Auckland 1025

Residential Sales 09 846 9197

Property Management 09 846 9421

Email mtalbert@barfoot.co.nz

barfoot.co.nz/mt-albert

Barfoot & Thompson Mount Albert

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Barfoot & Thompson | Mt Albert by barfootsuburbsales - Issuu