comes this photo from my Nelsonians Life blog…
that, …. well frankly, … just deserves a second viewing….
….check it out and the details right there
May 09 2013 | General and Humour and Nelson and New Zealand and retirement | No Comments »
Dec 14th 2012
The Real Estate Institute of New Zealand recently released the official sales figures for the New Zealand market. Reflecting increased building activity, 14 Nelson sections were sold in November.
One point of note was the 2 bedroom market, the group showing just 19 days on the market. Our steady 3 bedroom market was not too far behind it, with a healthy 28 days which was just short of the 29 days overall median for all property sold in the catchment over the November 2012 period.
Three bedroom family homes really took the lion’s share of Novembers sales, and that is what’s currently being seen at the coal face, a lack of new properties coming to market in this category.
REINZ Chief Executive Helen O’Sullivan pretty much summed it up when she commented that, “the Nelson/Marlborough region remains relatively constrained with a continued shortage of listings and rising demand for properties, although this is not yet being fully reflected in sale prices.”
REINZ Regional Data for November 2012
…like always click on each image for a more readable higher resolution version.
December 14 2012 | Buyers and Nelson and Sellers and Stats / Sales Data and The Market | No Comments »
December 4th, 2012
Check out this chart that I have “borrowed” from the NZ Property Investors Association national magazine…
IMAGE – Courtesy NZ Property Investors Magazine
…and then tell me what you think? (Like all my pics, click on it it for higher res image – its easier to read for “boomers” like me.)
The stats come from Statistics NZ, but thanks to the NZ Property Investors Mag I don’t have to go there and compile them tonight.
Like usual though….if you wanna know more, or more importantly, want to know how to interept these stats in the context of our Dec 2012 Nelson real estate market.. …you know who to call.
December 04 2012 | Buyers and General and Nelson and New Zealand and Sellers and Stats / Sales Data and The Market | No Comments »
November 15th 2012
Any day now you’ll be receiving a letter in the mail telling you about the updated 2012 CV (Capital Value) of your Nelson City property.
If you are curious right now though…. (re all images below – if you can’t see them clearly, then just click on them to see full size versions)
..head on over to the Nelson City Councils “rates search” section and type in your address at the screen that looks like the one above.
If the councils search engine decides that it can’t 100% work out your address, it often times springs up a multiple choice like this one above.
Just select your address…..and you’ll be put through to the “rates screen” where you can see the CV components and rates for the applicable property.
You’ll also notice on this screen that the info under “Valuations” shows the Valuation Date as 1/09/09, the last time it was completed. On the first line below the big Rates word, you’ll notice the words I have highlighted above …. (Next Year – 2013 / 14) – click on this hyperlink and all will be revealed.
…and indeed you’ll also note that the Valuation Date is now updated to 1/09/12. Typing in a few sample properties today has returned pretty much what council mentioned earlier, increases in the magnitude of approx. 5% in properties CVs.
November 15 2012 | Buyers and General and Nelson and Sellers and Stats / Sales Data | No Comments »
July 12, 2012
With an increase in median price across the region of $14,000 (+4.2%) in June and an 8% increase in Nelson, the region mirrored what REINZ are reporting this morning in the Home Sales figures for the month of June 2012 in New Zealand.
Nelson City Median Sale Prices - June 2012
One notable aspect of this months results, quite visible in the chart this month above, is an increase in sales volume of larger 4 bedroom properties as compared to our usual high percentage of mainly 3 bedroom properties.
Motueka jumped into mention this period too, by witnessing an almost 20% increase in local sold pricing.
When compared to June of last year, the price increase was even more ambitious, demonstrating an increase of $21,750 (+6.6%), with REINZ noting that “all parts of the region contributing to the increase in the median price.”
Volumes were up slightly, and Days to Sell remained quite healthy, certainly a reflection of the reduced quantity of newer listings coming to market. Days to Sell for the core Nelson 3 bedroom market was certainly an indication of our current state of that market?
In summing up the REINZ local representative reported
The number of days to sell in the Nelson/Marlborough region eased by six days in June, from 49 days in May to 55 days in June. Compared to June 2011 the number of days to sell also eased, from 45 days to 55 days. The trend in the number of days to sell had been improving, but is now turning towards an easing trend.
The trend in the median price has turned upwards after an extended period going sideways, although the volume trend continues to move sideways. There has been some weakening of the trend in the days to sell, which gives the Nelson/Marlborough real estate market an overall steady trend.
All in all a healthy but steady month.
DATA – www.reinz.co.nz
July 10 2012 | Nelson and New Zealand and Sellers and Stats / Sales Data and The Market | No Comments »
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ITS ON! – in NELSON
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