The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...
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The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...
April Surge: How Wanaka Real Estate is Defying Seasonal Trends
The Goods on Real Estate Podcast
7 minutes
6 months ago
April Surge: How Wanaka Real Estate is Defying Seasonal Trends
The Wanaka property market is showing impressive signs of revival, with April 2023 delivering the highest number of house sales since March last year. This surprising surge comes at a typically quieter seasonal period, suggesting deeper market dynamics are at play beyond the usual patterns. Duncan Good unpacks the numbers behind April's performance: a substantial 44 house sales, complemented by 17 section sales, 7 lifestyle blocks, and 5 apartments – totaling 73 property transactions f...
The Goods on Real Estate Podcast
The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...
