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Archive for the ‘Otago Property Market Factsheet’ Category

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Otago – Property Market Pulse factsheet – July 2010

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

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

The median property price in Otago fell again in June from $230,000 in May to $227,500. As compared to a year ago prices in the region are up by 3.8%.

Otago region median property price Jul 2010

Property sales fell on a seasonally adjusted basis in June by 6.8% with 182 actual sales in the month. In the first half of 2010 total sales reached 1,237 as compared to 1,419 in the same first 6 months of 2009 – a fall of nearly 13%.

Otago House sales Jul 2010

The inventory of houses on the market fell again in June from the May inventory of 33. The June figure was 29 weeks of equivalent sales. This June inventory of 29 weeks is now approaching the long term average of 26 weeks. This would indicate that the market is now far more balanced than in the past few months with neither buyers nor sellers having the upper hand.

Otago inventory of property for sale Jul 2010

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Otago – Property market pulse factsheet – June 2010

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

The median property price in Otago slipped in May at $230,000, from $235,500 in April. As compared to a year ago prices in the region are up by 4.5%.

Property market pulse factsheet - Otago price June 2010 Realestate.co.nz

Property sales in the region remained very steady as measured on a seasonally adjusted basis. The May figure of 222 compares to 219 in April and 225 in March, however this 3 month period is down 6% on the same period in 2009.

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

Inventory of houses on the market fell significantly in May from the peak of 39 weeks of equivalent sales in April to 33 weeks in May. This May inventory of 33 weeks of equivalent sales remains high as compared to the long term average of 26 weeks. This would indicate that the market is still favouring buyers.

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

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

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