The Unconditional Blog

The impartial voice of the industry

 
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Central North Island Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 55 in the month fell on a seasonally adjusted basis in October but was up 28% as compared to a year ago. The inventory of unsold houses fell to 82 weeks to remain in line with long-term average of 79 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $315,475 was up 3% as compared to a year ago but up on the prior month. The asking price expectation of new listings in the Central North Island was up 2% as compared to a year ago at $344,669.

The level of new listings coming onto the market in October at 133 was up slightly from prior month but down 36% as compared to a year ago.

 

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Gisborne Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Gisborne Property Market Factsheet

The Gisborne district property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Gisborne region at 27 in the month fell on a seasonally adjusted basis in October, but was up 13% as compared to a year ago. The inventory of unsold houses remains fairly static at around 62 weeks which is well above the long-term average of 42 weeks of equivalent sales.

Median sales price of property sold during the month in Gisborne at $218,500 was down 13% as compared to a year ago and down from the prior month. The asking price expectation of new listings in the Gisborne region was down 1% as compared to a year ago at $301,534.

The level of new listings coming onto the market in October at 71 was down compared to September and significantly down 19% as compared to a year ago.

 

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Hawkes Bay Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Hawkes Bay Property Market Factsheet

The Hawkes Bay region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Hawkes Bay region at 155 in the month fell on a seasonally adjusted basis in October but showed a 23% rise as compared to a year ago. The inventory of unsold houses on the market fell slightly to 44 weeks to sit just in line with the long-term average of 45 weeks of equivalent sales.

Median sales price of properties sold in the Hawkes Bay at $259,500 was down 10% as compared to a year ago and down from the prior month. The asking price expectation of new listings was down just 2% as compared to a year ago at $338,835.

The level of new listings coming onto the market in October at 346 was down from prior month and down a significant 38% as compared to a year ago.

 

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Taranaki Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Taranaki Property Market Factsheet

The Taranaki region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Taranaki region at 134 in the month rose on a seasonally adjusted basis in October and were up 20% as compared to a year ago. The inventory of unsold houses on the market rose to 38 weeks taking it to well above the long-term average of 25 weeks of equivalent sales.

Median sales price of property sold in the Taranaki region at $290,500 was up 2% compared to a year ago and up significantly from the prior month. The asking price expectation of new listings was down slightly by 4% as compared to a year ago at $310,941.

The level of new listings coming onto the market in October at 226 was down from the prior month and down 9% as compared to a year ago.

 

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Manawatu / Wanganui Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Manawatu Wanganui Property Market Factsheet

The Manawatu / Wanganui region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales in the Manawatu and Wanganui region at 248 in the month fell on a seasonally adjusted basis in October, but was up a very significant 59% as compared to a year ago. The inventory of unsold houses on the market rose to 39 weeks to remain below the long-term average of 40 weeks of equivalent sales.

Median sales price of properties sold in the Manawatu and Wanganui regions at $221,750 was down 5% as compared to a year ago, but up very slightly from the prior month. The asking price expectation of new listings was down 2% as compared to a year ago at $274,696.

The level of new listings coming onto the market in October at 477 was down from prior month but up 6% as compared to a year ago.

 

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Wairarapa Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Wairarapa Property Market Factsheet

The Wairarapa district property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales in the Wairarapa district at 47 in the month showed a very small fall on a seasonally adjusted basis in October but recorded a significant 24% rise as compared to a year ago. The inventory of unsold houses on the market fell very slightly to 97 weeks to remain just above the long-term average of 87 weeks of equivalent sales.

Median sales price for properties sold in the Wairarapa district at $230,000 was up 3% as compared to a year ago and up from the prior month. The asking price expectation of new listings was down 2% as compared to a year ago at $289,207.

The level of new listings coming onto the market in October at 166 was down as compared to September and down a significant 21% as compared to a year ago.

 

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Wellington Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Wellington Property Market Factsheet

The Wellington region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Wellington region at 508 in the month rose slightly on a seasonally adjusted basis in October and was up 11% as compared to a year ago. The inventory of unsold houses on the market rose to 23 weeks having fallen for the past few months, this takes it slightly above the long-term average of 22 weeks of equivalent sales.

The stratified mean sales price of properties sold in the Wellington region at $411,930 was flat as compared to a year ago but up from the prior month. The asking price expectation of new listings was down 4% as compared to a year ago at $439,369.

The level of new listings coming onto the market in October at 946 was up compared to September, but down 4% as compared to a year ago.

 

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Nelson Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Nelson Property Market Factsheet

The Nelson region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales in the Nelson region at 137 in the month fell on a seasonally adjusted basis in October but was up a significant 37% as compared to a year ago. The inventory of unsold houses on the market turned up to 30 weeks to lie in- line with the long-term average of 30 weeks of equivalent sales.

Median sales price of properties sold in the Nelson region at $350,000 was up 2% as compared to a year ago, and up slightly from the prior month. The asking price expectation of new listings was up 3% as compared to a year ago at $450,343.

The level of new listings coming onto the market in October at 262 was down very slightly from September and down 4% as compared to a year ago.

 

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Marlborough Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Marlborough Property Market Factsheet

The Marlborough region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Marlborough region at 69 in the month rose very slightly on a seasonally adjusted basis in October and was up a significant 35% as compared to a year ago. The inventory of unsold houses on the market rose again to 67 weeks to remain above the long-term average of 52 weeks of equivalent sales.

Median sales price for properties sold in the Marlborough region at $325,000 was up a very significant 24% as compared to a year ago and up significantly on the prior month. The asking price expectation of new listings was also up 3% as compared to a year ago at $377,172.

The level of new listings coming onto the market in October at 138 fell as compared to the prior month and was down 19% as compared to a year ago.

 

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Canterbury Property Pulse factsheet – October 2011

Posted on: November 28th, 2011 | Filed in Canterbury Property Market Factsheet

The Canterbury region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Canterbury region at 665 fell in the month on a seasonally adjusted basis in October, but were up a significant 33% as compared to a year ago. The inventory of unsold houses on the market fell further to 25 weeks, well below the long-term average of 33 weeks of equivalent sales.

The stratified mean sales price for properties sold in Christchurch at $349,025 was up 3% as compared to a year ago, but down from the prior month. The asking price expectation of new listings was up by 3% as compared to a year ago at $372,616.

The level of new listings coming onto the market in October at 1,293 was down on prior month and down 1% as compared to a year ago.

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