Don’t wait for spring, because you will be competing with many other sellers who are also waiting to bring their property onto the market.
List your property ‘now’ when the stock of unsold homes on the market tightened to an all-time low of 25 weeks, based on the rate of sales, well down on the long term average of 38.1 weeks. The number of new listings in June represents an 18% fall and it is the lowest number of June listings for 7 years.
The housing market remains in favour of the sellers. This is driven by a shortage of listings for sale and low inventory across many regions which include Canterbury, Waikato and Central Otago. Wellington’s stock has fallen to 15.4 weeks, the lowest since 2009.
It remains a sellers’ market across 15 regions of the country. With supply of stock so low in many regions, the economics of supply and demand influences property prices upwards.
The asking price fell in June to $450,178 down 1% on the previous month lead by Auckland experiencing a slight fall; however, this was tempered by Wellington and Canterbury where the asking price rose.
First National’s top regional performers for the Taranaki / Wellington region are celebrating after being recognised at the real estate network’s regional conference and awards.
First National Group general manager Colleen Milne says the awards are recognition of the commitment, professionalism and putting the customer first.
“The achievements of these salespeople is great to see after the previous, very difficult years within the Real Estate industry. We are all celebrating 2012 as a great year of growth in sales and performance of our offices.” states Colleen Milne
Award winners for Taranaki / Wellington were:
Top 10 salespeople were:
1. Gillian Cross – First NationalGuardian, Churton Park
2. Owen Mills – First National Allied Farmers, Stratford
3. Jamie Gemmell – First National Western, New Plymouth
4. Grant Robertson – First National Otaki
5. Margaret McKeefry – First National Guardian, Johnsonville
6. Lee Girvan – First National Western, New Plymouth
7. Anil Parbhu – First National Guardian, Johnsonville
8. Grant Longstaff – First National Kapiti Coast, Waikanae
9. Pamela Paterson – First National Allied Farmers, Hawera
10. Andrea Bradley – First National Kapiti Coast, Waikanae
Gillian Cross of First National Guardian, Churton Park also took out the awards as the top performer for the following categories; Top Number of Confirmed Sales; Top Exclusive Lister; Top Exclusives sold and the Top Residential Award. “Gillian continues to be an outstanding performer, which is evident in her receiving First Nationals top achiever category called Platinum for 16 consecutive years” said Colleen Milne.
“These sales people have built enduring relationships with in their communities, with vendors and buyers. Building trust and confidence with all clients is a predominant aspect driving the sales agents success” states Colleen Milne
First National Guardian, Churton Park, Wellington also won the Top Office award for the group of 1-5 offices.First National Allied Farmers in Stratford won Top Office in group two, 6 -10 Sales consultants and finally First National Western won Top Office in group three (11+ sales people).
Owen Mills from First National Allied Farmers, Stratford had a great award night of success also winning Top Dollar Value of Confirmed Sales and Top Auction Lister, Top Property Press Advertising Award and also the Top Rural Award.
Property Management awards were once again won by First National Allied Farmers Hawera. This award recognizes the dedication of the Hawera property managers.
The night was celebrated with a banquet dinner and dance.
For additional comment please contact
Colleen Milne, General Manager
First National Group
(029) 771 0750