The Auckland – Waitakere property pulse factsheet for May 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).
Property sales in the Waitakere are of Auckland at 348 in the month rose on a seasonally adjusted basis in May and were up 9% on May2011. The inventory of unsold houses across the wider Auckland region at 20.6 weeks remains below the long-term average at 33 weeks of equivalent sales.
The median sales price for property in the Waitakere region of Auckland at $401,000 is up 7% as compared to a year ago. The asking price expectation of new listings across the wider Auckland region also rose to $578,533 up 8% as compared to a year ago.