REINZ residential highlights - September 2010
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Northland
Auckland
Waikato/Bay of Plenty/Gisborne
Hawke's Bay
Manawatu/Wanganui
Taranaki
Wellington
Nelson/Marlborough
Canterbury/Westland
Central Otago Lakes
Otago
Southland
Northland
From $280,000 in June the Northland median price rose to $307,500 in July and $310,000 in August, but fell slightly to $300,000 in September 2010 but was still 5% up on the September 2009 median of $285,000. Northland residential property sales volume fell from 88 in August to 81 last month, which is also well down on the 139 sold in September 2009.
In Whangarei County, the median price eased slightly to $333,000 after climbing to $340,000 in August, but was still down on the September 2009 figure of $380,000. Sales dropped significantly to 8 residential properties, down from 22 in August and 19 in July.
Sales in Whangarei City recovered slightly to 39 after dropping to 34 in August from 43 in July. However, they were still well down on the 61 properties sold in September 2009. The median price also fell from $302,500 to $281,050, but is still more than $11,000 up on the September 2009 median of $270,000.
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