Wellington property market stable - Wellington’s property market continues to attract sellers with 766 new listings in June (up 29% on June 2009)**, though overall sales volumes remain subdued with 548 sales in May (down 19% on May 2009)***.  2008 and the recession saw the property market bottom out…followed by a strong recovery over the second half of 2009…then stabilising and flattening out over the first half of 2010.  With 23 weeks of housing stock on the market (against a long-term average of 21 weeks)**, the Wellington market is skewed slightly towards buyers. For sellers it is a good time to sell, but only if you follow the right plan!  If you, or your friend, family member or work mate want to know how to get top results in THIS market, call me anytime for real estate advice (Leonie 027 664 6063).

** REINZ Property Report (July 2010)
*** REINZ Market Trends Report

Leonie Snook, Top Wellington Real Estate Agent