Wellington Gets Busy- 65 Offers on this House!

Yes, the 65 written tenders this Northland Wellington house covered a range of nearly $300,000. We sold it  about 50% over the  – low- RV of $495,000.

It seems the arrival of some Auckland investors since 1st October deposit changes, has finally made Wellingtonians’ get a bit of confidence in their own housing stock! The shortage of stock & low interest rates may result in some upward prices in the new year: a change to what has been 8 years of virtually no price changes in the region. See graph below.

31 Kaihuacorrect wgtn

December 17 2015 07:22 am | And What About The Wellington Market? and Auckland real estate and Memorable sales and New Zealand Real Estate Market

Trackback URI | Comments RSS

Leave a Reply