Market Report

AUTUMN 2018

What’s happening in our market?
Sales for February/March were mixed, with a very quiet February and busy March. During February we saw a cooling period in the market with significant price reductions on properties, especially those priced over $1 million. This resulted in good sales in March with 10 sales being recorded.
Demand for property in Arrowtown is still active, especially under the $1 million mark. The Linksgate subdivision is selling well with a number of sales recorded in March.As we enter the beautiful months of Autumn, now is the time to prepare your home for winter by doing those annual maintenance jobs, like cleaning gutters and clearing down pipes.
Make sure your chimney has been cleaned and any vents around the house are covered. Enjoy these months, a very special time of year in our mountain town of Arrowtown.