Best sales month since last November
Hi folks,
It’s not often I’m surprised in Real Estate terms but the last couple of weeks have given me 2 huge surprises, the first in which a 4 bedroom freehold house in Central Upper Hutt in very tidy condition sold at $220,000. Someone got the best Real Estate bargain I have ever seen!!! And my career goes back to 1995 so it’s not like I’m a novice. Seriously, the best bargain EVER!
The other surprise was the sales statistics came through for July and there were a whopping 70 sales, the best sales month in Upper Hutt since last November also with 70 sales. It just shows that in a quiet market there are generally as many sales in Winter as Summer. The reason for my surprise was that I had expected a better month than the miserable 40 sales of June but my forecast was 50-55 so the extra sales were a welcome bonus moving towards Spring.
As regular readers know, I’m a glass half full kind of a guy, but with the LVR still in place, winter still here and an election just around the corner, these three things coming together could have created the perfect storm of Real Estate misery but with plenty of well-priced homes in good central locations it’s apparent that our fair city definitely bucked the regional trends last month. Here’s looking forward to August’s figures! :)
If you are thinking of selling your home or want more information on the Upper Hutt property market please call me on the numbers below or contact me via email steve@steveslicker.com alternately fill in your details here on my website.
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Kind regards, (04) 212 6787
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