Community Spotlight | Wellington Free Ambulance | June 2024
Tommy's Real Estate Blog
by Tommys Real Estate
3d ago
Community Spotlight | Wellington Free Ambulance Since 2018 Tommy’s has been a long-term Business Partner of Wellington Free Ambulance and in that time they have gone above and beyond to support their life-saving work serving all our communities. Every year of the partnership Tommy’s has donated funds to help ensure the crews at Wellington Free are ready and able to respond to people all across the region.  As well as financial support the team have also been regular supporters of the flagship annual appeal – Onesie Day, collecting and raising funds. “Onesie Day street collection is a fun ..read more
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The housing market remains dynamic and diverse despite the onset of winter | Wellington Market Update | June 2024
Tommy's Real Estate Blog
by Tommys Real Estate
3d ago
Wellington’s Housing Market: Dynamic and Diverse Despite Winter Wellington’s housing market remains dynamic and diverse despite the onset of winter, report two of Tommy’s Real Estate’s top agents. “This year, we’re witnessing a diverse landscape,” Alexia Stoddart notes. “While it’s true that some segments may experience a seasonal dip, we’re also seeing pockets of robust activity where some properties are attracting multiple offers. Listings remain strong in certain areas, especially those where demand continues to outstrip supply. Overall, there’s a mix of competitiveness and opportunity depe ..read more
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Go-Getting Tommy’s Unstoppable at 25
Tommy's Real Estate Blog
by Tommys Real Estate
1w ago
Twenty-five years ago Tommy Heptinstall and David Platt blazed a new path in Wellington real estate when they lit up the market with an iconic green logo that symbolised their go-getting drive to be the best. “When Tommy’s Real Estate started we gave our competitors a fright for sure,” David says. “Our colours and branding were bold and stood out. We had a young sales team and people could see we were having fun doing what we did. “We were one of the first real estate offices to have a good website and very quickly our competitors were rebranding or tidying up their brands.” But the cornerst ..read more
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Prices have stabilised, and activity levels are up | Wellington Market Update | May 2024
Tommy's Real Estate Blog
by Tommys Real Estate
1M ago
Wellington Market Update | May 2024 Tim Clark of Tommy’s Real Estate predicts Wellington’s resilient property market will remain stable for the next year, despite a challenging economy. “Across the Wellington market, we’re seeing that prices have stabilised, activity levels are up, and there’s plenty of stock available for buyers to choose from,” he says. “Buyer sentiment is improving, and properties priced right are selling swiftly, indicating a well-balanced market. “Wellington’s resilience is evident as the market adapts and navigates through the recent economic changes.” Assuming no sign ..read more
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Wellington house prices are slowly “bouncing back” | Wellington Market Update | April 2024
Tommy's Real Estate Blog
by Tommys Real Estate
2M ago
Wellington Market Update | April 2024   Wellington house prices are slowly “bouncing back” in the face of a challenging economy, Tommy’s Real Estate Sales Director Tim Clark says.    The latest QV House Price Index report shows Wellington was second only to Queenstown for house price growth in the first quarter of 2024.   “Of the main urban areas we monitor, Queenstown experienced the most growth this quarter at 2.7 percent, with Wellington and Christchurch not far behind on 2 percent and 1.5 percent respectively,” QV says.   “Once again, Kapiti (5 percent) has record ..read more
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A huge upsurge in houses for sale in Wellington | Wellington Market Update | March 2024
Tommy's Real Estate Blog
by Tommys Real Estate
3M ago
Wellington Market Update | March 2024 A huge upsurge in houses for sale in Wellington means not only sellers have to put their best foot forward but buyers need to be on their toes, too. That’s the advice of Tommy’s Real Sales Director Tim Clark following the release of Real Estate Institute of NZ data that showed a 148 per cent hike in January listings across the region. “The Wellington market has seen a large number of new listings and at Tommy’s Real Estate we have a large portion of those,” Tim says. “So there is plenty of choice for buyers right now and sellers need to make sure they pu ..read more
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More houses for sale, the prospect of lower interest rates, and the likelihood of improved capital gain | Wellington Market Update | February 2024
Tommy's Real Estate Blog
by Tommys Real Estate
4M ago
Wellington Market Update | February 2024 More houses for sale, the prospect of lower interest rates, and the likelihood of improved capital gain make this the optimal time to buy a home in Wellington, Tommy’s Sales Director Tim Clark says. “The Wellington market is experiencing a unique moment in time right now. “Prices have settled into their new normal, lots of new stock is coming to the market and increased buyer activity is resulting in multi-offers. “We also have pundits suggesting that interest rates will start to decrease sooner than expected and predicting house prices to increase as ..read more
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Buy now if you can! | Wellington Market Update | January 2024
Tommy's Real Estate Blog
by Tommys Real Estate
5M ago
Wellington Market Update | January 2024 Buy now if you can! That’s the advice of Tommy’s Real Estate Sales Director Tim Clark, who predicts a buoyant year for the housing market in Wellington. “We have hit the ground running,” he says. “It’s been the busiest start we have seen in the last two-to-three years, with lots of new listings coming to market and lots of buyer activity. “We have sold more this year than we did at the start of January last year, which is a continuation of the trend from the last couple of quarters of 2023.” The Real Estate Institute of NZ’s December property report not ..read more
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It looks like being a happy new year for the Wellington housing market | Wellington Market Update | December 2023
Tommy's Real Estate Blog
by Tommys Real Estate
6M ago
Wellington Market Update | December 2023 It looks like being a happy new year for the Wellington housing market, with both buyers and sellers becoming more motivated after 12 months of uncertainty. Tommy’s Real Estate Sales Director Tim Clark says 2023 was “an interesting year” for real estate in not only Wellington but also the rest of the country. “The market conditions in December are quite different to what they were in January,” he points out. “We now have more stability and confidence with interest rates levelling, prices stabilising, and the election now completed.  “The demand i ..read more
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Wellington’s housing market is expected to pick up post-election | Wellington Market Update | November 2023
Tommy's Real Estate Blog
by Tommys Real Estate
7M ago
Wellington Market Update | November 2023 Wellington’s housing market is expected to pick up post-election as buyers and sellers get to grips with new government policies that may help to stimulate activity. “Since the election, we have seen a lift in listings and appraisals, and sales have shown a modest increase,” Tommy’s Sales Director Tim Clark says. “In the first week of November, Tommy’s sold 16 properties and there were 45 offers across these sales. “This indicates that the market will continue to get busier, although buyers seem cautiously optimistic. “They’re waiting to see how the n ..read more
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