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Central North Island Property Pulse factsheet – June 2012

Posted on: July 24th, 2012 | Filed in Central North Island Property Market Factsheet

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

Property sales across the Central North Island region at 54 in the month showed a rise on a seasonally adjusted basis in June but was up 15% as compared to a year ago. The inventory of unsold houses rose to 84 weeks to sit just over the long-term average of 81 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 in the Central North Island was up 4% as compared to a year ago at $346,755.

The level of new listings coming onto the market in June at 140 was up 12% as compared to a year ago and also reflected a rise from the May level of 112.

 

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