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Waikato – Property Market Pulse factsheet – October 2010

Posted on: October 21st, 2010 | Filed in Waikato Property Market Factsheet

Realestate_DownloadNowThe Waikato region Property Market factsheet for October 2010 can be downloaded by clicking this icon.

Property sales in the Waikato fell again in September on a seasonally adjusted basis by 7% from August. A total of 230 property sales were recorded in September as compared to 429 a year earlier. In the first 9 months of 2010 a total of 2,340 properties were sold compared to 3,152 a year earlier.

Waikato_seasonally_adjusted_sales_Sep_2010Inventory of houses on the market rose again in September to a new high of 66 weeks of equivalent sales. This level remains well above the long term average of 45 weeks. This would indicate that the market still holds an advantage for buyers.

Waikato_inventory_of_unsold_houses_Sep_2010

Property prices for the Waikato region are included in the broad Waikato / Bay of Plenty regional median property price. In September this price was $314,324 which was down 0.2% on Sep 2009 price.

Waikato_BOP_median_house_price_Sep_2010

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