Waikato Winter 2017

The Long Cold Winter of 2017

Every three years real estate in NZ gets a cold – mostly through the winter months until a thawing in September/October/November.

All this so that politicians can admit to their frauds of the past, argue over the employment disputes of young irresponsible members and now overpaid pensioners.

It will soon be all over – Winston will decide who to help and what he wants for the pleasure, then we can get back to getting honest hard working New                             Zealanders in good homes.

Lots of great info below all about the Waikato Market – enjoy – Greig

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Report Page 1

 

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Sales Statistics for Selected Major Cities August 2015 Compared with 2016

Sales Statistics for Selected Major Cities August 2015 Compared                            with 2016       

NZ Selected City Sales Comparison Summay August 2016

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Sales Statistics for Selected Major Cities July 2015 Compared with 2016

 

 

NZ Selected City Sales Comparison Summay July2016

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Sales Statistics for Selected Major Cities June 2015 Compared with 2016 –

Auckland, Tauranga and Hamilton House Sale down in June 2016

Has the wave moved beyond the Golden Triangle into the lower north and south islands.  Well simple put yes!!!

So in AK, Tauranga & the Tron sale numbers are down.  Just a touch in AK but significantly in Hamilton and Tauranga. This against a back drop of increased listings in Hamilton at least.

So maybe the efforts to get more stock into the market place is starting to have an effect. Which ever way you look at it, it seems that the market has peaked and rash policy from the reserve bank and or government is not needed

NZ Selected City Sales Comparison Summay June 2016

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Tuakau Housing Statistics April 2016

Tuakau Housing Statistics April 2016

Steady as she goes in 2016 in Tuakau with sales averaging around 10 per month.  If you are thinking of selling in Tuakau please use a local agency – that being an agency contributing to the town with an office and personnel. These agencies and the sales staff who work in them are putting there money and energy into the local community – so please support local.

 

Tuakau Houses Sold and Days to sell April 20116

Tuakau Houses Total Value April 2016

Tuakau Houses Median Sale v Govt. Value April 2016

Tuakau Houses Median Sale Prices April 2016

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Hamilton Housing Statistics April 2016

Stunning Median House Value Increase of 31% April 2016

So lets not talk of sales numbers so much as they continue to be strong in the Tron – but more about the value growth behind those sales.  As the tables below shows based on the median Hamilton values have increased $107,000 in the last 12 months.

This value increase is a reflection of demand and the fact that Hamilton is in catch up mode.  This following the 9 years of stagnant growth during the GFC.

It is also a reflection of the value in the existing or second hand house market.  When you are paying $350K for the cheapest section in town then building a new home say 220 m2 at the rate of $2000 per square metres then your package quickly adds up to $800,000.  This make quality older homes in leafier inner city suburbs look real value.

Don’t expect this to change any time soon with expressways to the north opening up in Rangiriri,  under way in Huntly/Taupiri not to mention Horsham downs to Tamahere.

Exciting times for the Tron – City of the future

Hamilton Number uf Houses Sold April 1992 - 2016

Hamilton Median Sale Prices of Houses Sold April 1902 - 2016

Hamilton Rise and Fall of Houses Sold April - 2016

April 2016 Sold & Days to Sell

April 2015 Suburb breakdown of sales Sales

April 2015 Suburb breakdown of Median Prices

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December 2015 Caps A Stellar Year For Waikato Real Estate

The Hamilton and Waikato Markets have been in catch up mode since Auckland discovered the value to be had in this market place.  This began post the election in September 2014 when sales in Hamilton City where around 200 per month and culminated in sales in September 2015 of 457. Since then the market has eased – this can been seen by going to the tab ‘Hamilton Market’ in this blog. This easing had left the city in a very strong and sustainable real estate market place of 300 – 370 sales per month.

LJHooker George Boyes has a offices and teams in Hamilton, Kawhai, Raglan, Ngaruawahia, Huntly, Pokeno and Tuakua and are the regions most diverse agency. The company’s 50 sales professionals sell all forms of property (Rural, Lifestyle, residential, Commercial and businesses) and together with an award winning Property Management Team are leaders in many market places.

For market leading information and statistics please go the area tabs in this blog for details………………..

 

 

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Hamilton Residential Sales Statistics Comparisons for August 2015

Hamilton Residential Sales Statistics Comparisons for August 2015

Hamilton – Value has been discovered

Some sales people and agents are talking the Hamilton Market up and even talking of a boom.

The best August on record for real estate sales was August 2005 at 424 sales and yes with this months result of 407 sales you might at a casual view think we are almost back to that level and as such must be booming.  But what has they forgotten? – just 10 years – during which time an average of 800 consent were issued per annum.  So that tells us Hamilton is 8000 home richer than 2005.

At present Hamilton has around 55,000 homes of various types.  So while 407 is a good result it is nothing like the 424 sales of 2005 – to equal that record we would need to get to 500 sales per month.

Hamilton Rise and Fall of Houses Sold August 1992 - 2015

 

 

 

Hamilton Fluctuations of Houses Prices August 2009 - 2015

 

August Sold & Days to Sell

 

Suburban Breakup of August 2015 SalesSuburban Breakup of August 2015 Median Sales Prices

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Hamilton Residential Sales Statistics Comparisons for July 2015

We need no better illustration of the life in the Hamilton House sale market than we see in the graph directly below.  Two hundred more house sales in July 2015 over 2014.  Yes Hamilton had a very quiet market last year waiting for the election to come and go and Auckland and NZ to discover the value in the TRON.  Well wait no more – 401 sales is the best result on record.

L J Hooker Hamilton has a sales team of 16 staff all experts in there different areas of the city.  We are achieving stunning results for vendors. Our Hamilton office supports the property sales with New Zealand’s Top Property Management Team – winner of L J Hooker Harveys Property Manager of the Year (Natasha Metcalfe-Black).

So if you are thinking of selling ring our award winning Team Now

Hamilton Number uf Houses Sold 1992 - 2015

Hamilton Rise and  Fall of Houses Sold 1992 - 2015

Hamilton Fluctuations of  Houses Prices 2009 - 2015

July Sold & Days to Sell

Suburban Breakup of July2015 Sales

Suburban Breakup of July 2015 Median Sales Prices

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Housing Statistics for Pokeno July 2015

 

Housing Statistics for Pokeno July 2015

Pokeno is booming but house sales are low – driving on the Waikato Express Way passed Pokeno and you see hundreds of new home.  In fact by the end of the year it is expected that at least 490 new home will have been completed in Pokeno.

As is the fashion these days we find the developer selling sections direct to Group Home spec builders who construct the home and sell direct to the first home buyer.  Two years ago when development started in Pokeno houses were selling for $450,000 now this figure is $600,000.

New residents in Pokeno enjoy the village style living and are commonly enjoying there residence.  We are seeing 3 -4 sales per month in the town on average.  This is not high!

L J Hooker Pokeno are pleased  to announce that an additional office is set to open in Tuakau this month – this to support the efforts of our fabulous staff.  So if you are looking to sell please support your local  L J Hooker office – we employ local people, we spend locally and put back into the community.

Pokeno Houses Sold July 2015

Pokeno Houses Sold and Days to sell July 2015Pokeno Houses Median Sale v Govt. Value  July 2015

Pokeno Houses Median Sale Prices  July 2015

Pokeno Houses Total Value  July  2015

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