January is normally one of our quietest months of the year. Many members use this time of year to reset and refocus on the year ahead but this year it seems many of our agents powered through and in turn we produced our best January results ever.
January is typically a seasonal time and it is very difficult to put a judgement on supply and demand. But in our first month of 2021, we wrote a total of $4.15 billion in unconditional sales across Australia and New Zealand, up a staggering 43 per cent per cent on the year prior. In Australia alone, we recorded almost $3 billion in sales, up 49 per cent. Ray White Group across New Zealand saw a significant rise in property sales for January 2021. The overall volume lifted to just under $1 billion worth of sales, which is an increase of more than 50 per cent on the same time last year.
This huge increase in sales results in January occurred as the number of new listings eased slightly on the prior year but strong buyer demand resulted in an extremely high proportion of stock continuing to be sold.
CLICK HERE to read more about last months Ray White Now edition and read up on why it is a great time to sell!
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