The Auckland – Waitakere property pulse factsheet for November 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).
Property sales in the Waitakere are of Auckland at 318 in the month rose on a seasonally adjusted basis in November and were up a very significant 47% on November 2010. The inventory of unsold houses across the wider Auckland region at 27 weeks remains below the long-term average at 34 weeks of equivalent sales.
The median sales price for property in the Waitakere region of Auckland at $402,250 is up 6% as compared to a year ago whilst slipping slightly from the new 3-year levels. The asking price expectation of new listings across the wider Auckland region rose to $556,610 up 2% as compared to a year ago, and in-line with recent months.
The level of new listings coming onto the market across the wider Auckland region in November at 4,459 was up 6% as compared to a year ago.