January 2019

 

The first month of the 2019 produced a fairly typically low key start to the new year with a total of 62 houses and 7 sections sold.

Whilst the result was much in line with the previous two months, the Monthly Median eased slightly to stand at $488,500, resulting in an Annual Moving Median of $503,000. The seven recorded section sales took the Monthly Median sales figure to $260,000, with a slight increase in the Annual Moving Median to $234,804.

(Source REINZ Statistics)

 
 
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216

Number of sales in the last 3 months (192 Houses 24 Sections)
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9.81%

Average sale price increased Annual moving median January 2018 - January 2019
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48

Median days on the market (Houses incl Turangi)
 

Where do our buyers come from?

Period: 1 January 2018 to 1 January 2019

 
  • Local 49%49%
  • Auckland 18%18%
  • Bay Of Plenty 7%7%
  • Hawkes Bay 4%4%
  • Waikato 8%8%
  • Manawatu 3%3%
  • Taranaki 1%1%
  • Wellington 4%4%
  • South Island 1%1%
  • Overseas Buyers 5%5%