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Archive for the ‘Queenstown Lakes Property Market Factsheet’ Category

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Queenstown Lakes – Propert Market Pulse factsheet – July 2010

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

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

Property prices in the Central Otago Lakes district slipped in June from $432,000 in May to $415,000. As compared to a year ago prices in the region are down by 5.4%.

Queenstown lakes district property prices July 2010

Property sales in the region rose significantly in June on a seasonally adjusted basis by 55%. There were 85 properties sold in June up from 67 in May. Despite the rise in June, total sales in the first 6 months of 2010 were down 3.5% with 496 property sales which compares to 514 in the first half of 2009.

Queenstown Lakes property sales Jul 2010

Inventory of houses on the market rose again in June following a dip in May, this despite the rise in sales volumes. In June the inventory level was 113 weeks of equivalent sales as compared to 97 weeks in May. This June level of inventory is still close to the long term average of 91 weeks. This would indicate that the market is fairly well balanced between buyers and sellers.

Queenstown lakes inventory of properties Jul 2010

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Queenstown Lakes – Property market pulse factsheet – June 2010

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

Property prices in the Central Otago Lakes district remained stable in May at $432,000, up $2,500 on the April median price. As compared to a year ago prices in the region are up by just 1.1%.

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

Property sales in the region fell in May with 69 sales as measured on a seasonally adjusted basis, as compared to 92 in April. The first 5 months of 2010 has seen a total of 372 sales down 6% on the same period in 2009.

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

Inventory of houses on the market fell significantly in May from the peak of 126 weeks of equivalent sales in April to 97 weeks in May. This May inventory of 97 weeks of equivalent sales is pretty much in line with the long term average of 91 weeks. This would indicate that the market is fairly well balanced between buyers and sellers.

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

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

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