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Archive for the ‘Coromandel Property Market Factsheet’ Category

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Coromandel Property Pulse factsheet – November 2011

Posted on: December 19th, 2011 | Filed in Coromandel Property Market Factsheet

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

Property sales in the Coromandel region at 52 in the month rose significantly on a seasonally adjusted basis in November and showed a 13% rise as compared to a year ago. The inventory of unsold houses rose to 207 weeks, taking it back to the long-term average at just under 200 weeks of equivalent sales.

Median sales price for property sold in the Coromandel in November at $378,750 a significant rise of 17% as compared to a year ago and significantly up from the prior month. The asking price expectation of new listings was up 23% as compared to a year ago at $439,045.

The level of new listings coming onto the market in November at 247 was down 29% as compared to a year ago.

 

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Coromandel Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Coromandel Property Market Factsheet

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

Property sales in the Coromandel region at 28 in the month fell significantly on a seasonally adjusted basis in October and showed a 20% fall as compared to a year ago. The inventory of unsold houses rose to 174 weeks, although it stil remains below the long-term average at just under 200 weeks of equivalent sales.

Median sales price for property sold in the Coromandel in October at $288,750 was down 22% as compared to a year ago, and significantly down from the prior month. The asking price expectation of new listings was up 7% as compared to a year ago at $445,498.

The level of new listings coming onto the market in October at 246 was up 1% as compared to a year ago.

 

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Coromandel Property Pulse factsheet – May 2011

Posted on: June 15th, 2011 | Filed in Coromandel Property Market Factsheet

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

Property sales in the Coromandel region at 34 in the month fell on a seasonally adjusted basis in May and showed a significant 31% fall as compared to a year ago. The inventory of unsold houses fell again to 223 weeks edging back down to the long-term average at 198 weeks of equivalent sales.

Median sales price for property sold in the Coromandel in May at $320,000 was down 17% as compared to a year ago, although up from the prior month. The asking price expectation of new listings was also up 7% as compared to a year ago at $417,330.

The level of new listings coming onto the market in May at 175 down a significant 49% as compared to a year ago.

 

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Coromandel Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Coromandel Property Market Factsheet

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

Property sales in the Coromandel region at 40 in the month fell slightly on a seasonally adjusted basis in April and showed a 20% fall as compared to a year ago. The inventory of unsold houses rose again to remain well above the long-term average at 264 weeks of equivalent sales.

Median sales price for property sold in the Coromandel in April at $306,250 was down 22% as compared to a year ago, and significantly down from the prior month. The asking price expectation of new listings was also down 7% as compared to a year ago at $426,542.

The level of new listings coming onto the market in April at 238 down a significant 45% as compared to a year ago.

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Coromandel Property Pulse factsheet – March 2011

Posted on: April 18th, 2011 | Filed in Coromandel Property Market Factsheet

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

Property sales at 50 in the month barely rose on a seasonally adjusted basis in March and fell 17% as compared to a year ago. The inventory of unsold houses rose again to remain well above the long-term average at 283 weeks of equivalent sales.

Median sales price at $350,000 was down 14% as compared to a year ago but up from the prior 2 months. The asking price expectation of new listings was also down 3% as compared to a year ago at $408,765.

The level of new listings coming onto the market in March at 254 was down from February and down 6% as compared to a year ago.

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Coromandel – Property Market Pulse factsheet – October 2010

Posted on: October 21st, 2010 | Filed in Coromandel Property Market Factsheet

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

Property sales in the Coromandel recovered in September from what had been a very serious midwinter decline. On a seasonally adjusted basis sales shot up by 121% with 35 actual sales compared to 37 in total in July and August combined. For the year to date sales are well down with 360 in 2010 vs. 442 in 2009.

Coromandel seasonally adjusted property sales - Sep 2010The inventory of houses on the market shot up again in September to 289 weeks – an all time high. This level of inventory is now way ahead of the long term average of 172 weeks. This would indicate that the market is fairly well balanced between buyers and sellers.

Coromandel_inventory_of_unsold_properties_-_Sep_2010

Property prices for the Coromandel are included in the broad Auckland regional median property price, in September this price was $450,000 a level that has been fairly flat for the past 5 months. As compared to a year ago prices are down 1.1%.

Auckland region median house price - Sep 2010

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Coromandel – Property Market Pulse factsheet – August 2010

Posted on: August 25th, 2010 | Filed in Coromandel Property Market Factsheet

Realestate_DownloadNowThe Coromandel region Property Market factsheet for August 2010 can be downloaded by clicking this icon.

Property sales in the Coromandel suffered a significant fall in July. On a seasonally adjusted basis sales fell by 54%. There were just 19 sales in July as compared to 47 in July 2009. On a moving annual total basis sales are up 16% with 591 sales in the past year.

Coromandel property sales - July 2010

Inventory of houses on the market flat-lined in July at 173 weeks of equivalent sales. This level of inventory is consistent with the long term average of 172 weeks. This would indicate that the market is fairly well balanced between buyers and sellers.

Coromandel inventory of unsold houses - July 2010

Property prices for the Coromandel are included in the broad Auckland regional median property price, in June this price was $450,000 up slightly from the June figure of $445,000 reversing a three month trend of falling prices. As compared to a year ago prices are up 2.3%.

Auckland region property price July 2010

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Coromandel – Property Market Pulse factsheet – July 2010

Posted on: July 22nd, 2010 | Filed in Coromandel Property Market Factsheet

My-Adobe-PDF-Files-iconThe Coromandel region Property Market factsheet for July 2010 can be downloaded by clicking this icon.

Property sales in the Coromandel remained steady between May and June with just a 2% seasonally adjusted increase. There were 46 sales in June as compared to 42 in June 2009. In the first 6 months of 2010 a total of 300 properties were sold compared to 277 in the same period of 2009 an increase of 8.3%.

Coromandel property sales July 2010

Inventory of houses on the market fell in June to 171 weeks of equivalent sales. This level of inventory is consistent with the long term average of 172 weeks. This would indicate that the market is fairly well balanced between buyers and sellers.

Coromandel inventory of properties for sale July 2010

Property prices for the Coromandel are included in the broad Auckland regional median property price, in June this price was $445,000 down from the May figure of $455,000 and the third consecutive month of falling price. As compared to a year ago prices are up 2.3%.

Auckland region property price July 2010

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Coromandel – Property market pulse factsheet – June 2010

Posted on: June 24th, 2010 | Filed in Coromandel Property Market Factsheet, Uncategorized

Property sales in the Coromandel slipped from 54 to 48 sales on a seasonally adjusted basis. However sales for the past 3 months have been at an encouraging level up 16% at 153.

NZ Property market pulse factsheet - Coromandel sales June 2010 Realestate.co.nz

Inventory of houses on the market remained steady at 185 weeks of sales from 187 in April. This level of inventory is consistent with the long term average of 172 weeks. This would indicate that the market is fairly well balanced between buyers and sellers.

NZ Property market pulse factsheet - Coromandel inventory June 2010 Realestate.co.nz

Property prices for the Coromandel are included in the broad Auckland regional median property price, in May this price was $455,000 up 1.1% on May 2009 price.

NZ Property market pulse factsheet - Auckland regional price June 2010 Realestate.co.nz

In overall terms the property market across Coromandel remains fairly active.

The Coromandel region – Property market pulse factsheet for June 2010 is available as a download pdf document.