The Auckland North Shore property pulse factsheet for June 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).
Property sales on the North Shore of Auckland at 460 in the month fell on a seasonally adjusted basis in June but was up 12% on June 2011. The inventory of unsold houses across the wider Auckland region at 18.1 weeks remains below the long-term average at 33 weeks of equivalent sales.
The median sales price for properties sold on the North Shore in June at $598,750 was up 9% from a year ago. The asking price expectation of new listings across the wider Auckland region fell as compared to May to $558,366 but was up 2% as compared to a year ago.
The level of new listings coming onto the market across the wider Auckland region in June at 3,755 was up 21% as compared to a year ago.