The Unconditional Blog

The impartial voice of the industry

 
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Wairarapa Property Pulse factsheet – May 2012

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

The Wairarapa district 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 Wairarapa district at 74 in the month showed a significant rise on a seasonally adjusted basis in May and reflected a very significant 111% rise as compared to a year ago. The inventory of unsold houses on the market fell to 107 weeks to remain just above the long-term average of 98 weeks of equivalent sales.

Median sales price for properties sold in the Wairarapa district at $210,000 was down 5% as compared to a year ago and continues a steady decline through the year. The asking price expectation of new listings was up just 1% as compared to a year ago at $270,181.

The level of new listings coming onto the market in May at 186 was up as compared to April and up 17% as compared to a year ago.

 

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Wellington Property Pulse factsheet – May 2012

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

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

Property sales across the Wellington region at 661 in the month rose significantly on a seasonally adjusted basis in May and up 23% as compared to a year ago. The inventory of unsold houses on the market rose to 25 weeks, this takes it slightly above the long-term average of 23 weeks of equivalent sales.

The stratified mean sales price of properties sold in the Wellington region at $396,525 was up 2% compared to May last year but continues a recent easing. The asking price expectation of new listings was up 2% as compared to a year ago at $429,836.

The level of new listings coming onto the market in May at 881 was up compared to April, and up 16% as compared to a year ago.

 

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Nelson Property Pulse factsheets – May 2012

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

The Nelson 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 Nelson region at 155 in the month rose on a seasonally adjusted basis in May and were up 2% as compared to a year ago. The inventory of unsold houses on the market picked up to 38 weeks to track back above the long-term average of 31 weeks of equivalent sales.

Median sales price of properties sold in the Nelson region at $360,000 was up 5% as compared to May 2011, and up slightly from the prior month. The asking price expectation of new listings was up 6% as compared to a year ago at $457,235.

The level of new listings coming onto the market in May at 250 was up from April and up 22% as compared to a year ago.

 

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Marlborough Property Pulse factsheet – May 2012

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

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

Property sales across the Marlborough region at 90 in the month fell very slightly on a seasonally adjusted basis in May but were up 7% as compared to a year ago. The inventory of unsold houses on the market rose sharply to 62 weeks to rise above the long-term average of 55 weeks of equivalent sales.

Median sales price for properties sold in the Marlborough region at $310,000 was up 3% as compared to a year ago and down slightly on the prior month. The asking price expectation of new listings was also down 4% as compared to a year ago at $370,155.

The level of new listings coming onto the market in May at 174 rose as compared to the prior month and was up 7% as compared to a year ago.

 

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Canterbury Property Pulse factsheet – May 2012

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

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

Property sales across the Canterbury region at 972 rose very sharply in the month on a seasonally adjusted basis in May, it was also 58% up as compared to a year ago. The inventory of unsold houses on the market fell further to just 21 weeks, well below the long-term average of 32 weeks of equivalent sales. This continues to demonstrate the shortage in the region and certainly favours sellers in the market.

The stratified mean sales price for properties sold in Christchurch at $359,900 was up 5% as compared to a year ago, and up from the prior month. There has certainly been a strengthening of prices through all of 2012 in the region as inventory and listings have dropped. The asking price expectation of new listings was up by 5% as compared to a year ago at $383,504.

The level of new listings coming onto the market in May at 1,297 was well up on prior month and 9% up as compared to a year ago.

 

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West Coast Property Pulse factsheet – May 2012

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

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

Property sales on the West Coast of the South Island at 49 in the month rose on a seasonally adjusted basis in May and were up 29% as compared to a year ago. The inventory of unsold houses on the market rose slightly at 78 weeks, yet still lies well below the long-term average of 106 weeks of equivalent sales.

Median sales price of properties sold on the West Coast at $215,000 were up 14% as compared to a year ago but down on the prior month. The asking price expectation of new listings though was up a significant 13% as compared to a year ago at $285,610.

The level of new listings coming onto the market in May at 121 was up as compared to prior month and up a significant 75% as compared to a year ago.

 

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Queenstown Lakes / Central Otago Property Pule factsheet – May 2012

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

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

Property sales across the Queenstown Lake and Central Otago region at 124 rose sharply on a seasonally adjusted basis in May and were up 32% as compared to a year ago. The inventory of unsold houses on the market at 85 weeks rose slightly but still remains well below the long-term average of 101 weeks of equivalent sales.

Median sales price of properties sold in the Queenstown Lakes and Central Otago region at $417,000 was up 4% as compared to a year ago. The asking price expectation of new listings rose 9% as compared to a year ago at $591,895.

The level of new listings coming onto the market in May at 280 was up as compared to prior month and up 8% as compared to a year ago.

 

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Otago Property Pulse factsheet – May 2012

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

The Otago 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 Otago region at 254 in the month rose slightly on a seasonally adjusted basis in May and were up 18% as compared to a year ago. The inventory of unsold houses on the market slipped slightly 28 weeks, this level remains in line with the long-term average of 29 weeks of equivalent sales.

Median sales price of properties sold in the Otago region at $229,000 was down 3% as compared to a year ago, this hardly effected the slow but steady rise through the year and a half. The asking price expectation of new listings remained steady as compared to the prior month as shows a 4% rise as compared to a year ago at $277,850.

The level of new listings coming onto the market in May at 357 was up on April, and up a more significant 24% as compared to a year ago.

 

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Southland Property Pulse factsheet – May 2012

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

The Southland 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 Southland at 162 in the month were very slightly down when seen on a seasonally adjusted basis. The sales were up just 1% as compared to a year ago. The inventory of unsold houses on the market were up slightly at 34 weeks of equivalent sales, sitting right on the long term average.

Median sales price at $190,000 slipped slightly from April, and was up 5% as compared to a year ago. The asking price expectation of new listings was up 3% as compared to a year ago at $228,261.

The level of new listings coming onto the market in May at 335 rose steeply as compared to April and was up 23% as compared to a year ago.

 

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Latest listings now highlighted on the app

Posted on: June 18th, 2012 | Filed in mobile, Website news

A much requested feature has just been added to the mobile app – a flag to highlight the latest listings.

Every time you investigate property for sale or rent around you, you will see a Red Flag to highlight the latest listings. These flagged properties are listings that have come onto the market in the past 7 days.

In addition you can now “Refine” your search to set a parameter to just properties listed in the past few days or past week. Thereby ensuring that you can focus on recently listed properties.

We have also detailed on all listings on the app the listed date for the property – a useful insight to the status of listings.

So take the time to update your version of the app and start discovering those latest listings before other catch up to this great new feature.

We certainly appreciate the feedback on this feature and welcome other ideas if you have any you would like to share with us.

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