Bullet PR client Realestate.co.nz put out the latest version of the property report recently. which achieved some great coverage.

The story for July was that average asking prices fell to their lowest level in a year.

3News.co.nz, NZ Herald (News and Business sections) and Radio NZ were some of the places the coverage appeared.

Official website of the real estate industry and Bullet PR client, Realestate.co.nz, yesterday released research that debunks the theory that summer and spring are the best times to list your property. It reveals that sales are actually less susceptible to the seasons than some may think. TV3’s Campbell Live featured the research which illustrated that when selling a property, the best time may actually be in the middle of winter, a time traditionally considered to be the least advantageous for property sellers.

The national median asking price for listed homes in March 2009 was $399,000, matching the pre-recession peak of October 2007. The data was released today by New Zealand’s leading property listing site and Bullet PR client Realestate.co.nz, in its new monthly survey, NZ Property Report.

The report provides a comprehensive regional breakdown of the median residential asking price and the number of new listings on the market. It enables vendors to accurately visualise the variance between asking price and the final selling price.

The strength of the data lies in the 97% of agent listings held by Realestate.co.nz.

Read the NZ Herald’s article here: