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Residential highlights - June 2010

Wednesday 14th of July 2010

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Northland
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Otago
Southland

Northland
The total number of Northland houses sold fell further from 143 in May to just 99 last month (June 2009: 167). At $280,000 the median price is a significant decrease on $325,000 in May and nearly a 10% drop on the $310,000 median in June last year.

In the Whangarei County the median price fell to $358,500 from $390,000 in May, and is dramatically down on the June 2009 figure of $420,000. Only 16 residential properties sold, a decrease on the 41 sales in May and the 27 in June 2009.

Sales in Whangarei City fell to 50 from the 61 sold in May, and the 80 sales in June 2009. But the median price remained steady at $280,000 which is still down on the June 2009 median of $293,500.

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