REINZ Market Update | Tremains Wairarapa | July 2021
Date: 13th Aug 2021
Following a cold and snowy start to August, Spring is on its way. With that we can see a lot more listings coming on the market which is great for the buyers out there, giving them some more choice.
The July statistics show that the number of sales was significantly down compared to July 2020, which shows the shortage of listings in July. For the Masterton area, there were 36 Sales vs 73 the previous year, Carterton saw 13 sales vs 20 the year before and for South Wairarapa, there were 16 sales vs 25 the year before. The properties are selling, it is just a matter of the stock levels.
A tip for anyone waiting for spring to list their home: consider moving earlier on your intentions if you want the chance of an exceptional price. Tremains had some fantastic sales through the month, with some outstanding properties reaching new records. We are also pleased to launch our new Spring campaign "Imagine" where you will be put in the draw to win $35,000 when you sell with Tremains this spring. $35,000 to spend on whatever you like. The team are excited to have such an amazing prize to offer, so if you’re interested to know more, give your preferred sales consultant a call today.