News

REINZ residential highlights - January 2010

Friday 12th of February 2010

To view your region 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, 83 houses sold in Northland in January (December 2009: 113; January 2009: 83). The median price increased slightly to $308,000 from $306,000 in December (January 2009: $275,000).

17 houses sold in the Whangarei County area (December 2009: 10; January 2009: 8). The median price decreased to $410,000 from $425,000 in December (January 2009: $380,000).

38 houses sold in Whangarei City in January, down from 51 in December 2009 (January 2009: 42). The median was up at $292,500 (December 2009: $280,000; January 2009: $261,000). 

Auckland
The median house price in Auckland decreased to $450,500 in January (December 2009: $470,000 January 2009: $422,000). 1,240 houses sold in January, compared with 1,646 sold in December (January 2009: 1,149).

The median sale price for a North Shore City home increased to $535,527 in January (December 2009: $526,500; January 2009: $507,500).  249 houses sold during the month, down on the 320 sold in December 2009. (January 2009: 246).

Sales volume was up in Waitakere City in December with 177 sold (December 2009: 165; January 2009: 143).  The median price increased slightly to $383,000 (December 2009: $385,000; January 2009: $352,500).

The median price for an Auckland City house decreased to $480,000 in January (December 2009: $520,500: January 2009 $458,500). 368 houses sold in January, down on the 622 sold in December 2009 (January 2009: 344).

251 houses sold in Manukau City in January (December 2009: 297; January 2009: 237). The median price increased to $468,000 from $457,000 in December (January 2009: $408,000).

The number of sales in Papakura was down with 30 houses sold in January (December 2009: 43; January 2009: 28). The median price eased up slightly to $337,500 (December 2009: $337,000; January 2009: $303,500).

The median price for a Metropolitan Auckland house decreased to $460,000 in January, from $480,000 in December (January 2009: $425,000).  1,075 houses sold (December 2009: 1,447; January 2009: 998).

79 houses sold in Rodney District, down from the 101 sold in December (January 2009: 65). The median price was up at $490,000, from $465,000 in December (January 2009: $485,000).

The median price for a Franklin District home increased to $349,000 in January, from $344,500 in December (January 2009: $367,000).  43 houses sold, down on the 62 sales in December 2009 (January 2009: 45).

43 houses sold in Thames/Coromandel in January, up from the 36 sales in December (January 2009: 41). The median price increased to $358,000 from December's $353,200 (January 2009: $350,000).

The median price for an Outer Auckland home was up at $415,000 in January, from $405,000 in December (January 2009: $396,000). Sales volume was down with 165 houses sold, compared with the 199 sold in December (January 2009: 151).

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 January (December 2009: $320,000; January 2009: $304,250). 499 houses sold, a decrease on the 715 sold in December 2009 (January 2009: 458).

Sales were down in Waikato Country in December with 81 houses sold (December 2009: 120; January 2009: 65). The median price was down slightly at $280,000 (December 2009: $283,000; January 2009: $248,000).

The median price for a Hamilton City house decreased to $319,538 in January (December 2009: $350,000; January 2009: $290,000). Sales volume was down, with 112 dwellings sold in January 2010 (December 2009: 197; January 2009: 119).

Sales volume was down in Western Bay of Plenty Country with 44 houses sold, a decrease on the 53 sold in December. The median price decreased to $361,000 from $365,000 in December. In January 2009, 28 houses sold with a median sale price of $379,000.

The median price for a house in Mt Maunganui/Papamoa decreased to $395,500 in January, from $440,000 in December (January 2009: $375,000).  40 houses sold, down on the 59 sold in December 2009 (January 2009: 40).

79 houses sold in Tauranga in January 2009, down on the 95 sold in December (January 2009: 66). The median price was up at $349,000 (December 2009: $337,500; January 2009: $343,750).

Rotorua's median price increased to $230,000 in January, from $215,100 in December (January 2009: $242,500). 39 houses sold, down from the 63 sold in December (January 2009: 48). 

40 houses sold in Taupo in January, up from the 30 sold in December (January 2009: 38). The median price decreased to $330,000 in January from $346,500 in December (January 2009: $382,500).

The median price for a King Country home increased to $163,000 in January (December 2009: $109,500; January 2009: $182,500). 12 houses sold, up from the eight sold in December (January 2009: 10).

The median price for a Gisborne City home decreased to $225,000 from $252,500 in December (January 2009: $255,000). Sales volume was down with 21 houses sold.  (December 2009: 48; January 2009: 26).

The median price for a house in Eastern Bay of Plenty Country decreased to $288,500 in January, down from $295,000 in December (January 2009: $210,000). 30 houses sold; down from the 39 sold in December (January 2009: 18).

Hawke's Bay
Sales volume was down in the Hawke's Bay in January with 144 houses sold (December 2009: 182; January 2009: 155). The median price decreased to $278,000 (December 2009: $290,000; January 2009: $259,000).

The median price for a house in Napier City decreased to $302,750 in January (December 2009: $313,750; January 2009: $287,000). 66 houses sold in January (December 2009: 76; January 2009: 79).

52 houses sold in Hastings City in January 2010, down from 65 in December 2009 (January 2009: 46).  The median price was up at $302,500 from $306,500 in December (January 2009: $240,000).

Hawke's Bay Country's median price decreased to $230,000 in January from $366,000 in December (January 2009: $134,000).  10 homes sold in January (December 2009: 10; January 2009: six). 

Manawatu/Wanganui
The median price for a house in the Manawatu/Wanganui district was steady at $230,000 in January (December 2009: $230,000; January 2009: $220,000). 194 houses sold in January, down on the 204 sold in December (January 2009: 217).

The median sale price for a house in Palmerston North City remained steady at $264,000 in January (December 2009: $264,000; January 2009: $260,000). 69 houses sold (December 2009: 92; January 2009: 99).

Sales volume was up in Manawatu Country with 25 houses sold (December 2009: 21; January 2009: 17). The median price increased to $195,000 from $177,000 in December (January 2009: $190,000).

The median sale price in Manawatu increased to $244,000 in January (December 2009: $237,000: January 2009: $235,000). The number of sales was down with 143 houses sold (December 2009: 150; January 2009: 164).

39 houses sold in Wanganui City in January, up from the 32 sold in December (January 2009: 35). The median price eased up slightly to $208,000 from $206,500 in December (January 2009: $178,000).

The median sale price in Wanganui decreased to $189,000 in January (December 2009: $207,000; January 2009: $160,000). 51 houses sold, down on the 54 sold in December 2009 (January 2009: 53). 

Taranaki
The median price for a house in Taranaki increased to $300,000 in January (December 2009: $280,000; January 2009: $266,750). 123 houses sold, down from the 141 sold in December (January 2009: 130).

16 houses sold in the Taranaki Country area in January (December 2009: 25; January 2009: 13). The median price decreased to $205,000 from $232,000 in December (January 2009: $255,000).

The median sale price for a New Plymouth City house increased to $350,000 (December 2009: $335,000; January 2009: $307,500).  The number of sales remained unchanged with 69 houses sold in January (December 2009: 69; January 2009: 66). 

Wellington
Wellington's median price decreased to $375,000 in January 2010 from December 2009's $400,000 (January 2009: $362,500). The number of sales was down at 420 for January, compared with 548 sold in December 2009.  (January 2009: 396).

50 houses sold in the Wairarapa in January 2010 (December 2009: 55; January 2009: 32). The median price was up at $277,500 from $260,000 in December (January 2009: $231,000).

The median price for an Upper Hutt house eased to $303,250 (December 2009: $305,000; January 2009: $300,000). 42 houses sold, down on the 43 sold in December (January 2009: 34).

58 houses sold in the Hutt Valley (December 2009: 87; January 2009: 78). The median price was down at $357,500 from $362,000 in December 2009 (January 2009: $345,000).

The median price for a house in Otaki/Paekakariki increased to $345,000 in January (December 2009: $335,000; January 2009: $315,000). 70 houses sold (December 2009: 81; January 2009: 65).

52 houses sold in Pukerua Bay/Tawa in January, the same as in December (January 2009: 39). The median price was up at $383,750 (December 2009: $371,000; January 2009: $364,000).

Sale numbers in Central Wellington were down to 37 from 52 in December 2009. (January 2009: 45). The median price decreased to $400,000 from $484,000 in December (January 2009: $397,500). 

Nelson/Marlborough
The median price for a Nelson/Marlborough home eased slightly to $341,250 in January (December 2009: $343,500; January 2009: $306,000).  148 houses sold (December 2009: 195; January 2009: 173).

61 houses sold in Nelson City in January (December 2009: 81; January 2009: 68). The median price decreased to $315,000 (December 2009: $355,000; January 2009: $320,000).

The median price for a Nelson Council zone house was down at $342,000 in January (December 2009: $367,500; January 2009: $316,500). 111 houses sold (December 2009: 128; January 2009: 114).

37 houses sold in Marlborough in January (December 2009: 67; January 2009: 59). The median price increased to $340,500 from $285,000 in December (January 2009: $287,500).

Canterbury/Westland
Sales volume was down in Canterbury/Westland with 512 houses sold in January (December 2009: 754; January 2009: 562). The median sale price eased slightly to $319,500. (December 2009: $320,000; January 2009: $285,000).

The median price for a house in Christchurch City was down at $328,200 in January, from $347,250 in December (January 2009: $300,000). 339 houses sold (December 2009: 506; January 2009: 379).

The median price for a home in Rangiora increased to $315,000 in January (December 2009: $276,000; January 2009: $323,000). Sale numbers were down with 23 houses sold. (December 2009: 35; January 2009: 20).

The median price for a North Canterbury house increased to $347,000 in January, from $272,500 in December (January 2009: $247,000). 22 houses sold, down on the 23 sold in December (January 2009: 19).

The median price for a Canterbury Country home decreased to $368,000 in January, from $380,600 in December (January 2009: $360,000).  33 houses sold (December 2009: 33; January 2009: 30).

The number of houses sold in Mid Canterbury in January was down with 20 sales recorded (December 2009: 34; January 2009: 45).  The median price increased to $317,000 from $246,500 in December (January 2009: $245,000).

Sales volume was down in Timaru in January, with 28 houses sold (December 2009: 42; January 2009: 21). The median price eased up to $220,000 in January, from $218,000 in December (January 2009: $225,000).

The median price for a house on the West Coast was up at $206,000 in January from $202,500 in December (January 2009: $172,500). 12 houses sold, down on the 37 sold in December (January 2009: 18). 

173 houses sold in Outer Canterbury in January (December 2009: 248; January 2009: 183). The median price was up at $282,500 in January (December 2009: $250,000; January 2009: $259,000).

Central Otago Lakes
58 houses sold in January, down from the 95 sold in December (January 2009: 78). The median price was down at $410,000 (December 2009: $432,500; January 2009: $457,500).

The median price for a house in Central Otago decreased to $347,500 in January (December 2009: $417,000; January 2009: $382,000). 32 houses sold (December 2009: 53; January 2009: 35).

Sales volume was down in Queenstown with 26 houses sold in January, compared with the 42 sold in December (January 2009: 43). The median price was up at $531,250 (December 2009: $481,000; January 2009: $560,000). 

Otago
151 houses sold in Otago in January, down from December's 231 (January 2009: 194).  The median price increased to $247,500 from $230,000 in December (January 2009: $210,000).

Sales volume was down in North Otago with 20 houses sold (December 2009: 30; January 2009: 20). The median sale price increased to $207,500 from $186,500 in December (January 2009: $205,000).

The median price in Dunedin City increased to $257,500 in January from $243,000 in December (January 2009: $231,000). 122 houses sold (December 2009: 185; January 2009: 152).

The number of sales was down in South Otago with seven houses sold (December 2009: 15; January 2009: 17). The median price decreased to $123,500 from $200,000 in December (January 2009: $120,000).

Southland
Sales volume was down in Southland with 94 houses sold (December 2009: 133; January 2009: 111). The median price eased slightly to $182,500 from $184,000 in December (January 2009: $175,000).

Sales volume was down in Invercargill at 71 for January (December 2009: 86; January 2009: 67). The median price decreased to $185,000 (December 2009: $189,025; January 2009: $185,000).

The median price for a house in Gore decreased to $132,000 in January from $141,000 in December (January 2009: $166,000).  Eight houses sold during the month (December 2009: 29; January 2009: 21).

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