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Archive for the ‘West Coast Property Market Factsheet’ Category

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West Coast – Property Pulse Market factsheet – July 2010

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

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The West Coast district Property Market factsheet for July 2010 can be downloaded by clicking this icon.

Property sales on the West Coast enjoyed a significant increase in June rising a seasonally adjusted 72% with sales of 36 properties up from 29 in May. The first half of 2010 has seen sales of 169 as compared to 178 in the same period last year – a fall of 5%.

West Coast property sales July 2010

Inventory of houses though rose again in June despite the upturn in sales. The June inventory of houses on the market equated to 161 weeks of sales, this followed a significant fall in inventory seen in May from a record peak in April. This level of inventory is considerably higher than the long term average of 99 weeks. This would indicate that the market is still firmly favouring buyers.

West coast region inventory July 2010

Property prices for the West Coast are included in the broad Canterbury / West Coast regional median property price, in June this price was $325,000 up 10.2% on June 2009 price.

Canterbury West Coast median house prices July 2010

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West Coast – Property market pulse factsheet – June 2010

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

Property sales on the West Coast slipped from 29 to 24 sales on a seasonally adjusted basis. The first 5 months of 2010 has seen sales of 116 down 11% on the same period in 2009.

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

Inventory of houses on the market fell steeply in May. In April the inventory of houses on the market equated to 191 weeks of sales, this has fallen in May to 140 weeks. This level of inventory is considerably higher than the long term average of 99 weeks. This would indicate that the market is still firmly favouring buyers.

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

Property prices for the West Coast are included in the broad Canterbury / West Coast regional median property price, in May this price was $303,750 up 6.6% on May 2009 price.

NZ Property market pulse factsheet - Canterbury Westland price June 2010 Realestate.co.nz

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

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