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...
From Oversupply to Balance: Duncan Good on Wanaka's Real Estate Rebound and Future Insights
The Goods on Real Estate Podcast
8 minutes
11 months ago
From Oversupply to Balance: Duncan Good on Wanaka's Real Estate Rebound and Future Insights
What if the real estate market could shift from challenging to promising within a year? Join us on the Goods on Real Estate podcast as we explore how Wanaka's property landscape transformed in 2024. With Duncan Good from Ray White, Wanaka, and your host, Brent Harbour, we analyze the remarkable changes from an oversupply that initially favored buyers to a more balanced market, thanks to interest rate reductions and renewed buyer confidence. November's statistics reveal a booming sales volume ...
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...
