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Archive for the ‘Waikato Property Market Factsheet’ Category

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Waikato Property Pulse factsheet – July 2012

Posted on: August 21st, 2012 | Filed in Waikato Property Market Factsheet

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

Property sales in the Waikato region totaled 352 in the month. This reflected a fall as measured on a seasonally adjusted basis in July but was up 4% as compared to a year ago. The inventory of unsold houses fell to 35 weeks of equivalent sales still continues to see inventory remaining significantly below the long-term average of 48 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 rose 3% as compared to a year ago at $349,303, marginally down on the June figure of $352,462.

The level of new listings coming onto the market across the Waikato region in July at 670 was up 22% as compared to a year ago, but down as compared to June.

The data indicates that the Waikato region remains a clear sellers market with pressure in the supply of listings. The recent sales activity though appears to be slowing and this is probably constraining any inflationary pressure on prices which in the case of sales prices have not moved appreciably over the past 2 years.

 

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Waikato Property Pulse factsheet – June 2012

Posted on: July 24th, 2012 | Filed in Waikato Property Market Factsheet

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

Property sales in the Waikato region at 396 in the month rose on a seasonally adjusted basis in June and was up 19% as compared to a year ago. The inventory of unsold houses fell to 37 weeks having risen slightly in May this still sees inventory remaining below the long-term average of 49 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 remained fairly flat as compared to a year ago at $352,462.

The level of new listings coming onto the market across the Waikato region in June at 709 was up 20% as compared to a year ago, but down as compared to May.

 

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Waikato Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Waikato Property Market Factsheet

The Waikato region 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 Waikato region at 421 in the month rose on a seasonally adjusted basis in May and was up 15% as compared to a year ago. The inventory of unsold houses rose to 44 weeks having fallen consistently over the prior 7 months, this still means that inventory remains below the long-term average of 49 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 remained flat as compared to a year ago at $355,131.

The level of new listings coming onto the market across the Waikato region in May at 836 was up a significant 43% as compared to a year ago, and up significantly as compared to October.

 

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Waikato Property Pulse factsheet – November 2011

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

The Waikato region 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 Waikato region at 365 in the month rose on a seasonally adjusted basis in November and was up a significant 42% as compared to a year ago. The inventory of unsold houses rose to 46 weeks having been steady around the 40 week mark for the last couple of months, this still means that inventory remains below the long-term average of 49 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 up on the prior month. The asking price expectation of new listings remained flat as compared to a year ago at $351,156.

The level of new listings coming onto the market across the Waikato region in November at 853 was down 4% as compared to a year ago, but up as compared to October.

 

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Waikato Property Pulse factsheet – October 2011

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

The Waikato region 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 Waikato region at 291 in the month fell on a seasonally adjusted basis in October but was up a significant 39% as compared to a year ago. The inventory of unsold houses rose to 44 weeks having been steady around the 40 week mark for the last couple of months, this still means that inventory remains below the long-term average of 49 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 and up on the prior month. The asking price expectation of new listings fell 1% as compared to a year ago at $356,746.

The level of new listings coming onto the market across the Waikato region in October at 713 was up 7% as compared to a year ago, but down as compared to September.

 

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Waikato Property Pulse factsheet – May 2011

Posted on: June 16th, 2011 | Filed in Waikato Property Market Factsheet

The Waikato region 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 Waikato region at 365 in the month rose significantly on a seasonally adjusted basis in May and were up 27% as compared to a year ago. The inventory of unsold houses fell further from 66 weeks to 57 weeks, this still sits above the long-term average of 49 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 fell just 1% as compared to a year ago at $365,381.

The level of new listings coming onto the market across the Waikato region in May at 583 was down 15% as compared to a year ago.

 

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Waikato Property Pulse factsheet – April 2011

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

The Waikato region 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 Waikato region at 292 in the month rose very slightly on a seasonally adjusted basis in April but fell 11% as compared to a year ago. The inventory of unsold houses fell back significantly to 66 weeks from the 83 weeks last month, this still sits well above the long-term average of 49 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 fell 4% as compared to a year ago at $352,746.

The level of new listings coming onto the market across the Waikato region in April at 606 was down a significant 18% as compared to a year ago.

 

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Waikato region Property Pulse factsheet – March 2011

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

The Waikato 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 338 in the month rose on a seasonally adjusted basis in March but fell 3% as compared to a year ago. The inventory of unsold houses rose again to remain well above the long-term average at 83 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 Waikato was flat as compared to a year ago at $355,016.

The level of new listings coming onto the market in March at 994 was up from February and up 9% as compared to a year ago.

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Waikato – Property Market Pulse factsheet – October 2010

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

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

Property sales in the Waikato fell again in September on a seasonally adjusted basis by 7% from August. A total of 230 property sales were recorded in September as compared to 429 a year earlier. In the first 9 months of 2010 a total of 2,340 properties were sold compared to 3,152 a year earlier.

Waikato_seasonally_adjusted_sales_Sep_2010Inventory of houses on the market rose again in September to a new high of 66 weeks of equivalent sales. This level remains well above the long term average of 45 weeks. This would indicate that the market still holds an advantage for buyers.

Waikato_inventory_of_unsold_houses_Sep_2010

Property prices for the Waikato region 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.

Waikato_BOP_median_house_price_Sep_2010

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Waikato – Property Market Pulse factsheet – August 2010

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

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

Property sales in the Waikato rose on a seasonally adjusted basis by 11% in July. A total of 252 property sales were recorded in June as compared to 395 in July 2009. On a moving annual total basis sales are flat with 3,768 sold in the last year compared to 3,780 in the prior 12 months.

Waikato property sales - July 2010

Inventory of houses on the market increased in July as a result of the slower sales. The inventory stands at 59 weeks of equivalent sales. This level remains well above the long term average of 45 weeks. This would indicate that the market still holds an advantage for buyers.

Waikato inventory of unsold houses - July 2010

Property prices for the Waikato are included in the broad Waikato / Bay of Plenty regional median property price, in July this price was $315,000 which was down 1.6% on July 2009 price.

Waikato BOP regional property prices July 2010

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