The latest stats released in the last week from Quotable Value show a new trend emerging in the house market in Wellington. Spring usually sees a fresh burst of activity in the property market as homeowners wanting to move before Christmas come into the market. This year has seen subdued levels of new selling activity which has translated into a shortage of good sellable homes in certain areas and price brackets in North Wellington. There are good numbers of first home buyers out looking but the number of homes to see in this bracket (especially under $400k) are pushing the buyers to homes that have been sitting around for a while. New well presented and realistically priced homes coming into the market are being snapped up often with multiple offers being presented.
If you are considering selling prior to Christmas, I would love to have a chat with you. Either email me or phone me to discuss your options.
