REINZ residential highlights - December 2009
To view the regions quickly, use the links below:
Northland
Auckland
Waikato/Bay of Plenty/Gisborne
Hawke's Bay
Manawatu/Wanganui
Taranaki
Wellington
Nelson/Marlborough
Canterbury/Westland
Central Otago Lakes
Otago
Southland
Northland
In total, 113 houses sold in Northland in December (November 2009: 146; December 2008: 116). The median price decreased to $306,000 from $341,000 in November (December 2008: $312,500).
10 houses sold in the Whangarei County area (November 2009: 28; December 2008:17). The median price increased to $425,000 from $391,500 in November (December 2008: $400,000).
51 houses sold in Whangarei City in December, down from 63 in November 2009 (December 2008: 53). The median was down at $280,000 (November 2009: $325,000; December 2008: $273,000).
Auckland
The median house price in Auckland remained unchanged at $470,000 in December (November 2009: $470,000 December 2008: $440,000). 1,646 houses sold in December, compared with 2,192 sold in November (December 2008: 1,269).
The median sale price for a North Shore City home decreased to $526,500 in December. (November 2009: $560,000; December 2008: $490,500). 320 houses sold during the month, down on the 428 sold in November 2009. (December 2008: 202).
Sales volume was down in Waitakere City in December with 165 sold (November 2009: 281; December 2008: 173). The median price remained unchanged at $385,000 (November 2009: $385,000; December 2008: $375,000).
The median price for an Auckland City house decreased to $520,500 in December (November 2009: $525,000 and December 2008: $490,000). 622 houses sold in December, down on the 778 sold in November 2009 (December 2008: 476).
297 houses sold in Manukau City in December (November 2009: 394; December 2008: 229). The median price decreased to $457,000 from $462,500 in November (December 2008: $431,000).
The number of sales in Papakura was down with 43 houses sold in December 2009. (November 2009: 55; December 2008: 41). The median price was up at $337,000 (November 2009: $325,000; December 2008: $358,000).
The median price for a Metropolitan Auckland house was up slightly at $480,000 in December, from $479,000 in November (December 2008: $440,000). 1,447 houses sold (November 2009: 1,936; December 2008: 1,121).
101 houses sold in Rodney District, down from the 147 sold in November (December 2008: 74). The median price was up at $465,000, from $460,000 in November (December 2008: $457,000).
The median price for a Franklin District home decreased to $344,500 in December, from $375,000 in November (December 2008: $381,500). 62 houses sold, up on the 52 sales in November 2009 (December 2008: 34).
36 houses sold in Thames/Coromandel in December, down from the 57 sales in November (December 2008: 40). The median price decreased to $353,200 from November's $365,000 (December 2008: $335,000).
The median price for an Outer Auckland home was down at $405,000 in December, from $423,250 in November (December 2008: $420,000). Sales volume was down with 199 houses sold, compared with the 256 sold in November (December 2008: 148).
Waikato/Bay of Plenty/Gisborne
The median price for a house in the Waikato/Bay of Plenty/Gisborne district was steady at $320,000 in December (November 2009: $320,000; December 2008: $302,800). 715 houses sold, a decrease on the 828 sold in November 2009 (December 2008: 613).
Sales were down in Waikato Country in December with 120 houses sold (November 2009: 147; December 2008: 84). The median price was up at $283,000 (November 2009: $255,000; December 2008: $267,500).
The median price for a Hamilton City house increased to $350,000 in December. (November 2009: $328,500; December 2008: $314,500). Sales volume was down, with 197 dwellings sold in December 2009 (November 2009: 221; December 2008: 186).
Sales volume was down in Western Bay of Plenty Country with 53 houses sold, a decrease on the 58 sold in November. The median price decreased to $365,000 from $377,750 in November. In December 2008, 42 houses sold with a median sale price of $322,500.
The median price for a house in Mt Maunganui/Papamoa increased to $440,000 in December, from $407,000 in November (December 2008: $435,000). 59 houses sold, down on the 81 sold in November 2009 (December 2008: 46).
95 houses sold in Tauranga in December, down on the 114 sold in November (December 2008: 64). The median price was down at $337,500 (November 2009: $355,000; December 2008: $357,125).
Rotorua's median price decreased to $215,100 in December, from $229,000 in November (December 2008: $230,000). 63 houses sold, down from the 69 sold in November (December 2008: 67).
30 houses sold in Taupo in December, down from the 44 sold in November (December 2008: 36). The median price increased slightly to $346,500 in December from $346,000 in November (December 2008: $345,000).
The median price for a King Country home dropped to $109,500 in December (November 2009: $206,500; December 2008: $141,500). Eight houses sold, down from the 12 sold in November (December 2008: eight).
The median price for a Gisborne City home decreased to $252,500 from $256,500 in November (December 2008: $240,000). Sales volume was up with 48 houses sold. (November 2009: 34; December 2008: 33).
The median price for a house in Eastern Bay of Plenty Country increased to $295,000 in December, up from $275,000 in November (December 2008: $267,500). 39 houses sold; down from the 47 sold in November (December 2008: 44).
Hawke's Bay
Sales volume was down in the Hawke's Bay in December with 182 houses sold (November 2009: 225; December 2008: 166). The median price increased to $290,000 (November 2009: $275,000; December 2008: $265,000).
The median price for a house in Napier City increased to $313,750 in December (November 2009: $284,000; December 2008: $291,000). 76 houses sold in December (November 2009: 93; December 2008: 70).
65 houses sold in Hastings City in November 2009, down from 91 in November 2009 (December 2008: 65). The median price was up at $306,500 from $284,000 in November (December 2008: $259,500).
Hawke's Bay Country's median price increased to $366,000 in December, from $330,000 in November (December 2008: $135,000). 10 homes sold in December (November 2009: 15; November 2008: seven).
Manawatu/Wanganui
The median price for a house in the Manawatu/Wanganui district was steady at $230,000 in December (November 2009: $230,000; December 2008: $223,500). 204 houses sold in December, down on the 281 sold in November (December 2008: 212).
The median sale price for a house in Palmerston North City decreased to $264,000 in December. (November 2009: $270,000; December 2008: $250,000). 92 houses sold (November 2009: 118; December 2008: 91).
Sales volume was down in Manawatu Country with 21 houses sold (November 2009: 23; December 2008: 25). The median price decreased to $177,000 from $190,000 in November (December 2008: $212,000).
The median sale price in Manawatu decreased to $237,000 in December (November 2009: $245,000; December 2008: $230,000). The number of sales was down with 150 houses sold (November 2009: 220; December 2008: 167).
32 houses sold in Wanganui City in December, down from the 44 sold in November (December 2008: 30). The median price was up at $206,500 from $184,000 in November (December 2008: $160,000).
The median sale price in Wanganui increased to $207,000 in December. (November 2009: $175,000; December 2008: $172,500). 54 houses sold, down on the 61 sold in November 2009 (December 2008: 45).
Taranaki
The median price for a house in Taranaki increased to $280,000 in December (November 2009: $277,000; December 2008: $260,000). 141 houses sold, down from the 149 sold in November (December 2008: 125).
25 houses sold in the Taranaki Country area in December (November 2009: 27; December 2008: 17). The median price increased to $232,000 from $202,000 in November (December 2008: $164,000).
The median sale price for a New Plymouth City house decreased to $335.000 (November 2009: $338,000; December 2008: $280,000). The number of sales was down slightly with 69 houses sold in December (November 2009: 71; December 2008: 66).
Wellington
Wellington's median price increased to $400,000 in December from November 2009's $391,500. (December 2008: $370,000). The number of sales was down at 548 for December, compared with 665 sold in November 2009. (December 2008: 489).
55 houses sold in the Wairarapa in December (November 2009: 47; December 2008: 44). The median price was up at $260,000 from $232,000 in November (December 2008: $240,000).
The median price for an Upper Hutt house decreased to $305,000 (November 2009: $338,400; December 2008: $265,000). 43 houses sold, down on the 48 sold in November (December 2008: 35).
87 houses sold in the Hutt Valley (November 2009: 133; December 2008: 97). The median price was up at $362,000 from $340,000 in November 2009 (December 2008: $360,000).
The median price for a house in Otaki/Paekakariki increased to $335,000 in December (November 2009: $325,000; December 2008: $317,500). 81 houses sold (November 2009: 127; December 2008: 69).
52 houses sold in Pukerua Bay/Tawa in December, down from 70 sales in November (December 2008: 42). The median price was down at $371,000 (November 2009: $386,500; December 2008: $385,000).
Sale numbers in Central Wellington were up to 52 from 47 in November 2009. (December 2008: 53). The median price decreased to $484,000 from $570,000 in November (December 2008: $430,000).
Nelson/Marlborough
The median price for a Nelson/Marlborough home increased to $343,500 in December (November 2009: $326,000; December 2008: $300,000). 195 houses sold (November 2009: 199; December 2008: 189).
81 houses sold in Nelson City in December (November 2009: 100; December 2008: 73). The median price increased to $355,000 (November 2009: $320,000; December 2008: $270,000).
The median price for a Nelson Council zone house was up at $367,500 in December (November 2009: $326,500; December 2008: $296,000). 128 houses sold (November 2009: 148; December 2008: 115).
67 houses sold in Marlborough in December (November 2009: 51; December 2008: 74). The median price decreased to $285,000 from $310,000 in November (December 2008: $312,000).
Canterbury/Westland
Sales volume was down in Canterbury/Westland with 754 houses sold in December (November 2009: 832; December 2008: 705). The median sale price increased to $320,000. (November 2009: $310,000; December 2008: $299,000).
The median price for a house in Christchurch City was up at $347,250 in December, from $327,555 in November (December 2008: $310,000). 506 houses sold (November 2009: 565; December 2008: 509).
The median price for a home in Rangiora decreased to $276,000 in December (November 2009: $330,000; December 2008: $323,250). Sale numbers were up with 35 houses sold. (November 2009: 26; December 2008: 20).
The median price for a North Canterbury house decreased to $272,500 in December, from $324,250 in November (December 2008: $279,000). 23 houses sold, down on the 26 sold in November (December 2008: 13).
The median price for a Canterbury Country home increased to $380,600 in December, from $370,000 in November (December 2008: $325,000). 33 houses sold (November 2009: 40; December 2008: 41).
The number of houses sold in Mid Canterbury in December was down with 34 sales recorded (November 2009: 46; December 2008: 22). The median price was also down at $246,500 from $260,000 in November. (December 2008: $237,500).
Sales volume was down in Timaru in November, with 42 houses sold (November 2009: 54; December 2008: 38). The median price decreased slightly to $218,000 in December, from $220,000 in November (December 2008: $195,500).
The median price for a house on the West Coast was down at $202,500 in December from $227,750 in November (December 2008: $225,000). 37 houses sold, up on the 28 sold in November (December 2008: 23).
248 houses sold in Outer Canterbury in December (November 2009: 267; December 2008: 196). The median price was down at $250,000 in December (November 2009: $270,000; December 2008: $247,750).
Central Otago Lakes
95 houses sold in December, down from the 99 sold in November (December 2008: 84). The median price was down at $432,500 (November 2009: $441,000; December 2008: $427,500).
The median price for a house in Central Otago increased to $417,000 in December (November 2009: $365,000; December 2008: $376,500). 53 houses sold (November 2009: 53; December 2008: 40).
Sales volume was down in Queenstown with 42 houses sold in December, compared with the 46 sold in November (December 2008: 44). The median price was also down at $481,000 (November 2009: $560,000; December 2008: $450,500).
Otago
231 houses sold in Otago in December, down from November's 275 (December 2008: 221). The median price decreased to $230,000 from $240,000 in November (December 2008: $230,000).
Sales volume was down in North Otago with 30 houses sold (November 2009: 41; December 2008: 21). The median sale price decreased to $186,500 from $192,000 in November (December 2008: $188,000).
The median price in Dunedin City decreased to $243,000 in December from $256,752 in November (December 2008: $245,000). 185 houses sold (November 2009: 210; December 2008: 180).
The number of sales was down in South Otago with 15 houses sold (November 2009: 19; December 2008: 16). The median price increased to $200,000 from $175,000 in November (December 2008: $162,500).
Southland
Sales volume was down in Southland with 133 houses sold (November 2009: 165; December 2008: 113). The median price increased slightly to $184,000 from $182,000 in November (December 2008: $166,000).
Sales volume was down in Invercargill at 86 for December (November 2009: 118; December 2008: 75). The median price decreased to $189,025 (November 2009: $195,000; December 2008: $152,000).
The median price for a house in Gore increased to $141,000 in December from $138,500 in November (December 2008: $165,000). 29 houses sold during the month (November 2009: 27; December 2008: 21).