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 and a steady median house price of $1.3 million, reflecting a healthy recovery.

Our final episode of the year takes a deep dive into the numbers, showing a striking increase in sales across houses, sections, and apartments compared to last year. We discuss what this means for homeowners and investors alike, especially those managing either family homes or investment properties in the picturesque region of Wanaka. As we transition into 2025, we share insights into what the future holds for this vibrant market. Thank you to all our listeners for your continued support and feedback as we celebrate the success of our podcast format and look forward to bringing you more valuable market insights in the coming year.

https://rwwanaka.co.nz/agents/duncan-good/52896

Discover how to climb the property ladder with minimal risk as we uncover the strategic advantages of subject to sale offers in the current real estate market. With insights from Duncan Good of Ray White Wanaka, we promise to reveal how buyers can leverage this flexible option to navigate transactions without the pressure of selling existing properties at unfavorable prices. As the market becomes more competitive, the opportunity to purchase subject to sale may be fleeting, making this discussion incredibly timely for those eager to make savvy real estate moves.

Join us as we explore the creative solution of house swaps, a fascinating trend emerging from the need for downsizing. Duncan shares his firsthand experiences with unique transactions and highlights the increasing momentum of cash buyers in the market. With a predicted surge in sales for November, this episode is packed with valuable perspectives on the evolving dynamics of the real estate landscape. Whether you're a first-time buyer or a seasoned investor, gain actionable insights and prepare to navigate the market's ups and downs with confidence.

https://rwwanaka.co.nz/agents/duncan-good/52896

Discover the heartbeat of Wanaka's vibrant business and real estate scenes as we chat with Duncan Good from Ray White. As the emcee of the Wanaka Business Awards, Duncan provides an insider's glimpse into the joyous celebration of innovation and achievement in the local community. From acknowledging pioneering newcomers to honoring stalwarts like Rippon and Wastebusters, Duncan paints a vivid picture of the unique awards crafted from local schist, embodying the spirit of Central Otago.

Switching to the property market, Duncan unpacks October's sales trends, spotlighting the bustling activity in the sub $1.3 million category*. We explore the ongoing dialogue between vendor expectations and market realities, revealing insights into the evolving landscape since mid-2022. Beyond business, Duncan shares his dedication to community service through emceeing and charity auctions, offering a fresh perspective on contributing to non-profit initiatives. This episode is packed with engaging stories and valuable insights, perfect for anyone eager to learn about Wanaka's thriving property market and community spirit.

* REINZ statistics - October

https://rwwanaka.co.nz/agents/duncan-good/52896

What if the gap between asking and selling prices in the real estate market is not just a blip but a reflection of deeper market mechanics? Join us as Duncan Good from Ray White Wanaka shares his sharp insights on the fluctuations in vendor expectations versus actual market realities, especially in the picturesque Wanaka region. Drawing from his engineering background, Duncan dissects the market's control systems and offers a unique perspective on why these price gaps occur and how they can be closed for a more efficient market. You'll gain a deep understanding of the forces at play, from seasonal shifts to economic conditions, that have shaped the market landscape since mid-2022.

As we explore the latest data from realestate.co.nz, Duncan reveals the silver linings of recent market corrections and how vendors are gradually realigning with buyer expectations. The conversation touches on the impact of interest rate changes and buyer demand uptick, painting a hopeful picture for a balanced marketplace. With fascinating anecdotes and expert advice, this episode is a treasure trove of strategies for sellers aiming to align their expectations with current trends and for buyers eager to navigate these shifting dynamics. Whether you're a potential seller, buyer, or just a market enthusiast, this discussion offers valuable insights that will leave you better prepared for the evolving real estate scene in Wanaka.

https://rwwanaka.co.nz/agents/duncan-good/52896

Join us as we explore the nuances of purchasing pre-title land sections and the impact of recent OCR cut. Duncan offers expert advice for buyers on evaluating current market standings and emphasizes the importance of professional guidance.

Sellers will also benefit from strategies on early planning and preparation to navigate Wanaka's dynamic market. Whether buying or selling, this episode equips you with the knowledge to approach your real estate endeavors with confidence and insight.

* REINZ statistics - September

https://rwwanaka.co.nz/agents/duncan-good/52896

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 discerning buyers. Get a deeper understanding of how economic shifts and interest rate changes are shaping the market dynamics and what might be next for Wanaka's luxury real estate scene.

https://rwwanaka.co.nz/agents/duncan-good/52896

Can the Wanaka real estate market really be your next big investment opportunity? We've got "The Goods on Real Estate" Join us as we sit down with Duncan Good, co-owner of Ray White Wanaka, who shares compelling data and personal insights on the latest property trends in this quaint yet bustling New Zealand town. With confidence returning to the market, Duncan delves into the surge in buyer interest following a quiet spell, highlighting why now might be the perfect time to buy at today’s prices with the anticipation of tomorrow’s more favorable interest rates.

From the impressive consistency in median house prices to the slight corrections seen in land sales, Duncan provides a detailed overview of the August statistics* that paint an optimistic picture for potential investors. Hear firsthand about the unique factors that have allowed Wanaka to maintain stable property prices despite significant corrections in larger centers like Wellington. Discover the ongoing developments and demographic shifts that continue to make Wanaka an attractive destination for families and remote workers alike. This episode is packed with valuable insights for anyone considering a move in the real estate market.

https://rwwanaka.co.nz/agents/duncan-good/52896

* REINZ statistics - August

https://rwwanaka.co.nz/agents/duncan-good/52896