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upper hutt real estate

Tommy's top Hutt Valley agent from 2006 to 2016

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Tag: MarketTrends

This is the busiest I’ve seen our local property market in years

lower lvrs

Hi folks,

It’s been a while since I looked at the recent sales in Upper Hutt but if you have been counting the sold signs you will have seen a lot!

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The best-selling months are coming

gvs are up

Hi folks,

With the holiday season behind us there will be a number of home owners looking to take advantage of an active real estate market over the coming months. Historically, January, February and March have been some of the best-selling months for residential real estate and we see no reason why this year will be any different.

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The stats don't tell the whole story

upper hutt sky

Hi folks,

I thought it was time for an update on what’s been happening in our wonderful world of Upper Hutt Real Estate as it’s been a short while since I did. October showed a jump in sales to 62 dwellings, well up on the previous month but down from 72 in October 2017.

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Interpreting the real estate Stats of winter

plants

Hi folks,

I’m writing this on a particularly wet and miserable day and I’m counting down the days to daylight saving and brighter evenings (Only 35 to go). Winter on the whole hasn’t been bad for the weather but it has been good for real estate sales with the average number of days for a sale being 28 which is pretty good historically.

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A new year... and the phone is ringing off the hook!

upper hutt sky

Hi folks,

So here we are in 2018 talking about property and all I can say so far is “same stuff, different year!”

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What a great 2017! A big "Thank You" to all my vendors and colleagues.

20171201 Martin Street

Hi folks,

This will be my last comment for the year regarding real estate in Upper Hutt and what a great year it’s been for me personally culminating in winning The Margo McCauley Memorial Trophy also known as The Tommy’s Supreme Agent Award. The market has been solid, the number of sales is well down on last year due to another year of Loan Value Restrictions but due to historically low levels of stock prices have more than held their own and increased in most areas and we no longer have to have conversations around negative equity! Unfortunately at the time of writing the stats are not yet out for November

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How do LVR changes affect Upper Hutt real estate?

upper hutt where everythings included

Hi folks,

Finally the Reserve bank is easing the Loan Value Restrictions (LVRs) after being put in place originally in October 2013. They were designed to take the heat of a fast rising real estate market, unfortunately it was only fast rising in Auckland. They were relaxed at the end of 2014 and reinstated in October 2016.

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Asking Prices Remain Static

airbnb vs traditional rental

Kiwis now have more choice when it comes to buying a home. An increase in new listings, coupled with static prices indicates the property market is back on track, says realestate.co.nz spokesperson Vanessa Taylor.

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BookABach, AirBnB... or traditional tenancy?

kingsley heights

Hi folks,

Who doesn’t want to put their feet up and watch their investment property make some money? Listing your home on short-term rental sites like Airbnb and BookaBach can be an excellent way to get great returns on your rental.

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Prices are very stable, and in some cases rising.

Hi folks,

It seems a while since I last looked at the sales stats in Upper Hutt so for those of you curious to see what’s happening, I hope this helps.

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If you are considering selling your property in any of the suburbs below, please call or email Steve

  • Akatarawa
  • Birchville
  • Blue Mountains
  • Brown Owl
  • Clouston Park
  • Ebdentown
  • Elderslea
  • Heretaunga
  • Kaitoke
  • Kingsley Heights
  • Mangaroa
  • Maoribank
  • Maymorn
  • Moonshine Valley
  • Mount Marua
  • Pakuratah
  • Pinehaven
  • Plateau
  • Riverstone Terraces
  • Silverstream
  • Te Marua
  • Timberlea
  • Totara Park
  • Trentham
  • Upper Hutt Central
  • Wallaceville
  • Whitemans Valley