Sue Hall

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" The best team in Waikato! We were so fortunate to have found Sue and Donna when we moved to Hamilton. They helped us find the right house in the right neighborhood for the right price. Throughout the past several months, Sue and Donna have been there every step of the way. They always answered every call or email no matter..."

- Y Sawaie & M Thainat

"Just wanted to thank you for making the sale of 53 Carrington Avenue so seamless and stressless. My only regret is that we haven't actually met you yet! But we will make sure to come over and do that before long. Anyway, thanks again for all your great work on our behalf. "

- Trevor & Pauline
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Hamilton house prices achieve historical highs

1st Oct 15

Lodge Real Estate’s managing director Jeremy O’Rourke, today said Real Estate Institute of NZ (REINZ) statistics released this morning show Hamilton’s median has hit an all-time high of $415,500.

However, he says the huge price spikes experienced over the winter period should taper off as typical Spring market trends take hold.

 “We’ve been saying since January that Hamilton’s median would crack the $400,000 mark this year and it’s finally happened in August.  

 “This winter was an unusual time in the Hamilton market.  We’ve seen many vendors achieve prices for quality homes that surprised even our veteran agents.  This is mainly due to low stocks and buyers desperate to get into properties quickly.

 “With Spring arriving, listings are increasing.  This is taking the intensity out of the market.  Buyers are not as desperate as they have been the past few months, but they still have urgency. 

 “As a result, we suspect the spectacular price growth the Hamilton market has experienced should settle down.  Prices should remain on an upward trajectory, but rise at a more sustainable pace,” explained Mr O’Rourke.

 408 homes were sold in Hamilton during August 2015.  This compares to just 198 sold in August 2014.  Around 50% of homes were sold at auction during the month, as compared to only around 30% of homes being taken to auction one year ago.

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