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Archive for the ‘Bay of Plenty Property Market Factsheet’ Category

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Bay of Plenty Property Pulse factsheet – July 2012

Posted on: August 21st, 2012 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for July 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region totaled 358 in the month representing a fall off on a seasonally adjusted basis in July. The comparison to July last year shows an 18% increase and follows strong growth in sales over the past few months. The inventory of unsold houses fell to 47 weeks; this still leaves the region slightly below the long-term average of 57 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $305,100 was flat compared to a year ago, but down on the prior month. The asking price expectation of new listings in the Bay of Plenty was up 4% as compared to a year ago at $424,424, which was up on the June level of $413,292.

The level of new listings coming onto the market in July at 705 was down from June and up only 1% as compared to a year ago.

The data indicates that the market in the Bay of Plenty region is tightening considerably with strong sales activity, which is depressing available inventory which is maintaining a sellers market. The latest level of new listings (or lack of them) ably demonstrates this. Despite this seller’s market sentiment the asking price and particularly sales price are not showing a significant inflationary pressure.

 

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Bay of Plenty Property Pulse factsheet – June 2012

Posted on: July 24th, 2012 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for June 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region at 385 in the month rose on a seasonally adjusted basis in June, and was up a significant 23% as compared to a year ago. The inventory of unsold houses fell to 50 weeks; this still leaves the region slightly below the long-term average of 57 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $319,100 was up 1% as compared to a year ago and up on the prior month. The asking price expectation of new listings in the Bay of Plenty was flat as compared to a year ago at $413,292.

The level of new listings coming onto the market in June at 734 was down from May and up 11% as compared to a year ago.

 

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Bay of Plenty Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for May 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region at 419 in the month rose on a seasonally adjusted basis in May, and was up 9% as compared to a year ago. The inventory of unsold houses rose to 56 weeks; this still leaves the region slightly below the long-term average of 57 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $311,000 was down 1% as compared to a year ago and up on the prior month. The asking price expectation of new listings in the Bay of Plenty was up 11% as compared to a year ago at $417,188.

The level of new listings coming onto the market in May at 803 was up from April and up 2% as compared to a year ago.

 

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Bay of Plenty Property Pulse factsheet – November 2011

Posted on: December 19th, 2011 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for November 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region at 349 in the month rose significantly on a seasonally adjusted basis in November, and was up 9% as compared to a year ago. The inventory of unsold houses remained at 55 weeks; this still leaves the region slightly above the long-term average of 53 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $310,000 was down 3% as compared to a year ago and down on the prior month. The asking price expectation of new listings in the Bay of Plenty was up 6% as compared to a year ago at $420,291.

The level of new listings coming onto the market in November at 881 was up from October and down 18% as compared to a year ago.

 

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Bay of Plenty Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region at 279 in the month fell significantly on a seasonally adjusted basis in October, but was up 9% as compared to a year ago. The inventory of unsold houses remained at 56weeks, this still leaves the region slightly above the long-term average of 53 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $315,475 was up 3% as compared to a year ago but up on the prior month. The asking price expectation of new listings in the Bay of Plenty was up 4% as compared to a year ago at $430,384.

The level of new listings coming onto the market in October at 765 was down from September and down 5% as compared to a year ago.

 

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Bay of Plenty Property Pulse factsheet – May 2011

Posted on: June 16th, 2011 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for May 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region at 384 in the month rose on a seasonally adjusted basis in May and also up a significant 24% as compared to a year ago. The inventory of unsold houses fell to 67 weeks from 73 weeks in March, this still laces the region well above the long-term average of 57 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $315,000 was up 3% as compared to a year ago and up slightly on the prior month. The asking price expectation of new listings in the Bay of Plenty was down 13% as compared to a year ago at $384,610.

The level of new listings coming onto the market in May at 786 was up from April but down 8% as compared to a year ago.

 

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Bay of Plenty Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for April 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Bay of Plenty region at 340 in the month rose on a seasonally adjusted basis in April and also up 6% as compared to a year ago. The inventory of unsold houses rose to 72 weeks from 63 weeks in March, this still laces the region well above the long-term average of 53 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $312,875 was down 1% as compared to a year ago but up on the prior month. The asking price expectation of new listings in the Bay of Plenty was down 7% as compared to a year ago at $401,148.

The level of new listings coming onto the market in April at 629 was up from March and down a significant 23% as compared to a year ago.

 

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Bay of Plenty region – Property Pulse factsheet – March 2011

Posted on: April 18th, 2011 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty region property pulse factsheet for March 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales at 371 in the month rose on a seasonally adjusted basis in March and were up a modest 1% as compared to a year ago. The inventory of unsold houses rose slightly to remain above the long-term average at 63 weeks of equivalent sales.

Median sales price for the whole of the Waikato / Bay of Plenty region at $305,000 was down 5% as compared to a year ago and down from the prior 2 months. The asking price expectation of new listings in the Bay of Plenty was down 4% as compared to a year ago at $411,630.

The level of new listings coming onto the market in March at 881 was up from February but down a significant 20% as compared to a year ago.

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Bay of Plenty – Property Market Pulse factsheet – October 2010

Posted on: October 21st, 2010 | Filed in Bay of Plenty Property Market Factsheet

Realestate_DownloadNowThe Bay of Plenty region Property Market factsheet for October 2010 can be downloaded by clicking this icon.

Property sales in the Bay of Plenty picked up slightly in August and September. Sales in September totaled 307 as compared to 411 in September 2009.

Bay_of_Plenty_seasonally_adjusted_sales_Sep_2010Inventory of houses on the market rose once again in September to 72 weeks of equivalent sales. This level of inventory remains high relative to the long term average of 55 weeks. This would indicate that the market still holds a slight advantage for buyers.

Bay_of_Plenty_inventory_of_unsold_houses_Sep_2010

Property prices for the Bay of Plenty are included in the broad Waikato / Bay of Plenty regional median property price, in September this price was $314,324 which was down 0.2% on Sep 2009 price. Property prices remain some 6% below the peak of the market in Feb 2008 when prices reached $333,000.Waikato_BOP_median_house_price_Sep_2010

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Bay of Plenty – Property Market Pulse factsheet – August 2010

Posted on: August 25th, 2010 | Filed in Bay of Plenty Property Market Factsheet

Realestate_DownloadNow The Bay of Plenty region Property Market factsheet for August 2010 can be downloaded by clicking this icon.

Property sales in the Bay of Plenty stayed static on a seasonally adjusted basis in July. A total of 265 property sales were recorded in July. On a moving annual basis sales remained static with 3,809 sales in the last 12 months compared to 3,881 in the prior 12 months.

Bay of Plenty property sales July 2010

Inventory of houses on the market rose once again in July to 68 weeks of equivalent sales. This level of inventory remains high relative to the long term average of 55 weeks. This would indicate that the market still holds a slight advantage for buyers.

Bay of Plenty inventory of unsold homes July 2010

Property prices for the Bay of Plenty are included in the broad Waikato / Bay of Plenty regional median property price, in July this price was $322,000 which was down 1.6% on July 2009 price.

Waikato BOP regional property prices July 2010

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