The real estate market is moving!
I have to say I’m quite enjoying writing these musings, especially this year when yet again I can say with positivity that the market is moving!
The most recent sales (September) show another increase year on year on the number of sales in Upper Hutt.
The figure stands at 601 which is huge compared with 489 for the same period in 2014, a difference of 112 property sales. We can also see that some areas are also finally coming out of negative equity with some properties now selling at slightly more than the peak market of late 2007 and early 2008.
Another positive sign is that the median days it takes to sell a property has also decreased to 33 showing that properties are selling quicker. As an example of how good this is, in February this year it was taking 58 days to sell.
This is a great market to be selling in, a low number of properties in competition combined with more buyers out there.
If you are thinking of selling your home, would like an appraisal, or want more information on the Upper Hutt property market please call me on the numbers below or contact me via email firstname.lastname@example.org alternately fill in your details here on my website.
(04) 212 6787
I also have a Facebook page Please “like” www.facebook.com/steveslicker if you would like to be kept up to date on the on the latest real estate news and listings.