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Hawkes Bay – Property Market Pulse factsheet – July 2010

Posted on: July 22nd, 2010 | Filed in Hawkes Bay Property Market Factsheet

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

Property prices in the Hawkes Bay rose slightly in June at $285,000. As compared to a year ago prices in the region are up by 1.8%.

Hawkes_Bay_property_prices_July_2010

Property sales in the region remained stable in June with no change based on seasonally adjusted data. A total of 163 properties were sold in the region in June. In the first half of 2010 a total of 958 which is 19% down on the same period last year.

Hawkes_Bay_Property_sales_July_2010

Inventory of houses on the market fell slightly in June with 48 weeks of equivalent sales on the market. This inventory level continues to be above the long term average of 35 weeks. This would indicate that the market still swings in favour of buyers.

Hawkes_Bay_inventory_of_property_for_sale_July_2010

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