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...
Analyzing Market Shifts: Duncan Good on Wanaka's High-End Real Estate Trends and Future Outlook
The Goods on Real Estate Podcast
8 minutes
1 year ago
Analyzing Market Shifts: Duncan Good on Wanaka's High-End Real Estate Trends and Future Outlook
Are high-end property sales in Wanaka facing a downturn? Join us to uncover the latest trends as we sit down with Duncan Good from Ray White Wanaka to analyze the current state of the luxury real estate market. You'll gain insights into why residential house sales in the $4 million-plus category have dropped in volume despite an increase in average sale prices. We explore the factors contributing to longer market times and the continuing appeal of lake views and large properties for discernin...
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...
