Leonie's blog

All things equal?  I’m sure you’ve heard the expression but in real estate they are simply not!   The market is flat with sales volume down, average days to sell edging up and prices static.  Against this my last three properties have all sold in 3 weeks, all sold above RV and all started with first open homes of 20-25 groups, the latest one selling just this week! 

Simply put, real estate approaches differ so if you want top results you need to work with a top performing agent.  I have built a real estate business with capabilities and systems which most others can’t deliver.  What does this mean for you?  Better results!  If you know anyone thinking of moving put them in touch - the difference can save them money and you will enjoy generous referral rewards.

Leonie Snook, Top Wellington Real Estate Agent Harcourts

House Prices Flat - Wellington region property values are 3.2% up on last year and 5% below their early 2008 peak*.  Prices are expected to continue to be static, and in areas decline, over the short term though beyond this New Zealand’s growing housing shortage is expected to cushion and lead to some mild recovery next year.  Annual residential building consents are currently just 16,167, 33% below the ten year average and well below the 23,000 level calculated as necessary to meet population changes**.  

Now is a good time to move up the property ladder (they certainly are here in Aussie)!  If you, a friend or workmate want to know where your property sits in the market, get in touch for a no-obligation and free market opinion at www.leoniesnook.com.

* Quotable Value Residential Price Index – 3 months to July
** BNZ Weekly Overview

Leonie Snook, Top Wellington Real Estate Agent Harcourts