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Central North Island – Property Market Pulse factsheet – August 2010

Posted on: August 25th, 2010 | Filed in Central North Island Property Market Factsheet

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

Property sales for the Central North Island rose on a seasonally adjusted basis from June by 9%. A total of 40 property sales were recorded in July as compared to 66 in July 2009. On a moving annual total basis sales are fairly flat across the region, in the last 12 months 602 properties have sold as compared to 610 in the prior 12 months.

Central North Island property sales - July 2010

Inventory of houses on the market picked up again in July. The current inventory of 96 weeks of equivalent sales is considerably higher than the long term average of 74 weeks. This would indicate that the market is still favouring buyers.

Central North Island inventory of unsold houses July 2010

Property prices for the Central North Island 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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