North Wellington market fails to fire in Jan
The number of sales in December and January lagged behind the levels of the previous year as bad weather encouraged Wellingtonians to stay longer on holiday in warmer regions and uncertainty over the state of the economy and any tax changes dampened buying enthusiasm. This decrease in turnover echoes the market nationwide.
The average sale price dipped slightly in January but average prices are still well above the last couple of years.
The average time on the market spiked in January to 38 days on the back of lower turnover and a quiet selling period.
February 12 2010 01:45 pm | General Real Estate and North Wgtn House Market Trends
