Property Market Report The Real Estate Institute of New Zealand Dwellings Median Price Comparison Over Last 10 Years Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 District Apr 2005 Apr 2006 Apr 2007 Apr 2008 Apr 2009 Apr 2010 Apr 2011 Apr 2012 Apr 2013 Mar 2014 Apr 2014 Northland $230,000 $269,000 $320,000 $359,000 $290,000 $320,250 $292,000 $290,000 $297,500 $309,000 $347,500 Auckland $369,000 $387,250 $452,000 $450,000 $435,000 $470,000 $479,500 $490,000 $555,000 $637,000 $611,000 Waikato/BOP $244,500 $275,000 $312,500 $315,000 $315,000 $315,000 $312,875 $315,000 $315,000 $349,000 $348,000 Hawkes Bay $230,000 $246,000 $280,000 $275,000 $270,000 $275,500 $271,500 $296,000 $277,000 $287,000 $269,000 Manawatu/Wanganui $155,000 $190,000 $230,000 $239,000 $220,000 $230,000 $220,000 $218,000 $235,000 $236,000 $229,355 Taranaki $162,638 $240,000 $275,000 $269,000 $270,000 $280,000 $279,500 $250,550 $290,500 $290,000 $310,000 Wellington $275,000 $335,000 $377,900 $375,000 $367,500 $390,000 $386,500 $380,500 $400,000 $400,000 $415,980 Nelson/Marlborough $269,000 $298,250 $330,300 $336,500 $312,000 $339,500 $339,000 $333,500 $326,000 $355,500 $360,000 Canterbury/Westland $242,000 $275,000 $310,000 $300,000 $295,000 $310,000 $310,000 $321,000 $353,000 $401,000 $395,000 Central Otago Lakes $395,000 $430,000 $430,000 $454,000 $400,000 $429,500 $479,000 $470,000 $422,500 $460,000 $450,000 Otago $195,000 $218,000 $227,000 $235,000 $221,250 $235,500 $235,000 $240,000 $245,000 $265,000 $241,500 Southland $126,250 $127,750 $164,500 $215,000 $190,000 $185,000 $193,250 $196,000 $194,000 $175,000 $189,000 New Zealand Total $272,000 $305,000 $349,000 $345,000 $340,000 $356,000 $360,000 $365,000 $390,500 $440,000 $432,250 Property Market Report The Real Estate Institute of New Zealand Total Dwellings Sales Comparison Over Last 10 Years Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 District Apr 2005 Apr 2006 Apr 2007 Apr 2008 Apr 2009 Apr 2010 Apr 2011 Apr 2012 Apr 2013 Mar 2014 Apr 2014 Northland 307 207 241 101 139 156 98 130 172 186 142 Auckland 2,916 2,450 2,843 1,350 2,081 1,768 1,854 2,157 2,805 3,036 2,210 Waikato/BOP 1,560 1,106 1,194 622 880 739 708 794 962 968 785 Hawkes Bay 306 269 295 161 231 163 118 164 194 199 148 Manawatu/Wanganui 482 421 458 228 322 212 219 222 303 244 214 Taranaki 192 206 196 163 188 156 142 141 192 186 146 Wellington 960 973 842 558 691 623 574 572 745 753 616 Nelson/Marlborough 234 258 257 194 241 206 191 196 263 256 202 Canterbury/Westland 1,233 1,076 1,174 639 965 742 626 800 934 948 786 Central Otago Lakes 130 115 159 72 95 100 106 115 128 116 105 Otago 323 293 311 211 226 209 225 235 263 259 199 Southland 232 202 224 151 151 133 126 150 143 164 117 8,875 7,576 8,194 4,450 6,210 5,207 4,987 5,676 7,104 7,315 5,670 New Zealand Total Property Market Report The Real Estate Institute of New Zealand Dwellings Median Days To Sell Comparison Over Last 10 Years Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 District Apr 2005 Apr 2006 Apr 2007 Apr 2008 Apr 2009 Apr 2010 Apr 2011 Apr 2012 Apr 2013 Mar 2014 Apr 2014 Northland 33 46 38 49 67 67 73 48 56 71 65 Auckland 29 33 27 41 37 35 34 33 30 31 30 Waikato/BOP 28 40 36 55 58 52 60 55 48 44 45 Hawkes Bay 33 39 36 56 55 42 40 48 47 47 54 Manawatu/Wanganui 25 31 31 53 50 45 49 55 48 56 46 Taranaki 30 33 29 42 33 58 44 49 48 43 48 Wellington 28 28 25 42 40 39 41 41 35 32 34 Nelson/Marlborough 38 39 27 41 46 43 57 42 35 36 39 Canterbury/Westland 24 34 24 42 40 35 49 30 27 27 28 Central Otago Lakes 48 69 36 86 48 56 47 59 57 53 47 Otago 24 33 28 44 43 38 47 34 36 29 36 Southland 20 30 19 39 47 37 49 35 47 37 44 New Zealand Total 28 34 28 44 42 40 43 37 34 33 34 Property Market Report The Real Estate Institute of New Zealand Residential Value of Sales by District Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 District Value Northland $62,689,700 Auckland $1,640,469,824 Waikato/BOP $330,507,686 Hawkes Bay $44,304,800 Manawatu/Wanganui $52,704,660 Taranaki $57,725,182 Wellington $300,387,665 Nelson/Marlborough $85,759,278 Canterbury/Westland $365,866,079 Central Otago Lakes $69,863,500 Otago $56,407,950 Southland $26,574,650 New Zealand Total $3,093,260,974 Property Market Report The Real Estate Institute of New Zealand Dwellings & Sections Median Price by District Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Local Area Median, Volumes and Days to Sell District Dwellings Sections Northland $347,500 $145,000 Auckland $611,000 $345,000 Waikato/BOP $348,000 $165,000 Hawkes Bay $269,000 $165,000 Manawatu/Wanganui $229,355 $82,500 Taranaki $310,000 $130,000 Wellington $415,980 $178,775 Nelson/Marlborough $360,000 $171,000 Canterbury/Westland $395,000 $184,609 Central Otago Lakes $450,000 $266,000 Otago $241,500 $89,000 Southland $189,000 $86,500 New Zealand Total $432,250 $185,000 Property Market Report The Real Estate Institute of New Zealand Dwellings Percentage Difference Over 12 Months Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 District Apr 2013 Apr 2014 % Increase Northland $297,500 $347,500 16.81 Auckland $555,000 $611,000 10.09 Waikato/BOP $315,000 $348,000 10.48 Hawkes Bay $277,000 $269,000 -2.89 Manawatu/Wanganui $235,000 $229,355 -2.40 Taranaki $290,500 $310,000 6.71 Wellington $400,000 $415,980 4.00 Nelson/Marlborough $326,000 $360,000 10.43 Canterbury/Westland $353,000 $395,000 11.90 Central Otago Lakes $422,500 $450,000 6.51 Otago $245,000 $241,500 -1.43 Southland $194,000 $189,000 -2.58 New Zealand Total $390,500 $432,250 10.69 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Northland Medians and Numbers Sold Apr 2010 Mangonui $442,500 8 Kaitaia & Far North Apr 2011 49 $265,000 1 Apr 2012 113 $250,000 8 Apr 2013 58 $267,000 11 Mar 2014 53 $295,000 15 Apr 2014 97 $279,000 5 142 $180,000 3 33 $310,000 2 110 $180,000 3 1 $172,500 8 63 $157,300 10 77 $150,000 13 85 Whangaroa/Kaeo $0 0 0 $0 0 0 $146,000 1 11 $65,000 3 39 $145,000 2 32 $180,000 1 246 Hokianga $0 0 0 $0 0 0 $0 0 0 $0 0 0 $195,000 2 519 $586,000 1 43 Kaikohe $111,500 2 138 $0 0 0 $146,250 2 572 $240,000 7 173 $189,000 2 572 $135,000 1 149 Paihia $326,600 2 48 $450,000 7 138 $410,000 11 116 $340,000 9 140 $395,000 6 46 $385,000 3 87 Kawakawa $0 0 0 $190,000 1 6 $0 0 0 $190,000 1 56 $115,000 3 142 $165,000 1 460 Moerewa $0 0 0 $0 0 0 $0 0 0 $79,000 3 114 $100,000 1 6 $0 0 0 Kerikeri $479,500 14 84 $387,500 14 305 $325,000 21 43 $371,750 10 78 $490,000 9 20 $477,500 20 56 Russell $600,000 3 386 $615,000 1 517 $475,000 1 139 $240,500 2 162 $300,000 3 110 $707,500 6 35 Dargaville Borough $125,000 3 169 $150,000 5 56 $156,250 4 72 $209,500 6 146 $229,000 6 56 $145,000 7 140 Whangarei County $380,000 25 57 $355,000 9 66 $495,000 15 41 $373,500 26 58 $330,000 28 88 $435,000 19 82 Whangarei City $292,025 88 68 $274,000 54 65 $259,000 53 43 $292,500 74 46 $302,000 71 55 $290,000 53 49 Otamatea County $247,500 8 132 $156,500 4 38 $315,000 11 154 $455,000 12 55 $355,000 28 108 $480,000 12 63 Northland $320,250 156 67 $292,000 98 73 $290,000 130 48 $297,500 172 56 $309,000 186 71 $347,500 142 65 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Auckland Medians and Numbers Sold Apr 2010 Apr 2011 Apr 2012 Apr 2013 Mar 2014 Albany District $650,000 49 East Coast Bays $590,000 Glenfield Area $415,000 Birkenhead Area Apr 2014 42 $627,500 64 38 $672,000 74 30 $722,000 65 31 $870,000 110 32 $844,000 60 36 97 34 $550,000 84 30 $400,500 115 31 $610,750 72 29 $441,500 118 32 $705,250 106 29 $537,250 160 30 $801,250 122 29 $588,000 186 31 $794,000 110 37 115 29 $577,500 110 $525,000 38 30 $512,000 59 29 $595,000 64 28 $665,000 71 26 31 $725,000 72 31 $740,000 61 28 Milford/Takapuna $705,000 33 Devonport Area $683,000 24 38 $692,500 44 36 $635,000 30 40 $600,000 53 32 $830,000 41 38 $835,000 63 42 $920,000 34 33 $838,500 52 31 $962,500 42 32 36 $1,220,000 37 39 $1,100,000 27 35 North Shore City $540,000 Upper Harbour $529,000 325 35 $540,000 19 37 $570,000 384 33 $592,750 25 41 $602,500 456 32 $680,000 26 35 $715,000 515 30 $749,400 572 31 $735,000 410 32 23 31 $728,750 32 32 $697,500 20 Waitakeres $385,000 1 406 $1,100,000 1 0 $477,500 6 25 28 $493,750 10 32 $0 0 0 $0 0 0 Henderson Area $384,000 104 Glen Eden Area $353,500 44 30 $356,000 133 30 $329,000 68 33 $380,451 162 28 $357,500 62 34 $460,000 214 27 $526,500 222 28 $537,500 194 27 29 $428,750 102 26 $482,250 72 25 $501,000 75 Titirangi Area $449,000 39 28 $475,000 31 48 $486,000 26 40 33 $550,000 51 32 $652,500 43 26 $630,000 29 24 Waitakere City Mount Roskill Area $394,000 207 30 $453,000 87 36 $372,250 258 33 $484,000 65 32 $402,500 296 34 $469,000 400 28 $540,000 369 27 $550,000 318 26 $475,000 95 30 $617,000 159 30 $690,500 138 29 $652,500 92 30 Mount Albert Area City / Pt Chev $497,500 57 37 $387,500 176 32 $582,500 60 31 $355,000 197 28 $570,000 65 29 $680,000 89 27 $730,000 69 30 $685,000 63 27 $292,000 203 28 $377,750 260 32 $379,000 258 29 $402,500 193 Mt Eden / Epsom $687,000 103 32 $740,000 84 28 28 $815,000 91 30 $769,000 94 30 $980,000 161 32 $785,500 86 29 Eastern Suburbs $730,800 Ellerslie / Panmure $519,000 137 37 $902,500 22 39 $452,000 144 33 $898,750 136 36 $919,000 186 34 $1,119,000 216 32 $1,130,000 150 33 33 33 $620,000 31 30 $540,000 31 29 $710,000 43 30 $736,500 28 Onehunga / Penrose $379,125 60 34 $413,625 27 48 34 $424,250 60 30 $549,444 98 26 $576,000 84 30 $635,000 73 30 Islands Of Gulf Auckland City $480,000 29 58 $518,000 671 35 $490,000 14 128 $520,000 21 54 $495,000 23 76 $687,500 32 73 $578,000 25 48 $550,000 645 31 $560,000 702 30 $618,000 940 30 $750,000 1,001 30 $694,500 710 30 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Apr 2010 Apr 2011 Apr 2012 Apr 2013 Eastern Beaches $545,000 155 Manukau Rural $235,000 1 Papatoetoe Area $341,250 98 Manurewa Area $310,000 67 Manukau City $432,000 Papakura Area Papakura District Mar 2014 Apr 2014 36 $547,000 174 107 $0 0 40 $605,000 179 0 $1,235,000 1 30 $691,000 217 209 $343,750 2 29 $770,000 246 275 $540,000 5 33 $765,000 185 33 97 $0 0 0 39 $360,000 35 $334,862 101 32 $360,000 117 61 35 $322,000 81 32 $417,000 198 38 $349,500 122 32 $508,500 32 $390,000 218 29 $505,000 165 29 139 26 $399,000 81 321 37 $480,000 336 34 $479,000 378 32 $530,000 539 31 18 $591,000 608 31 $586,000 431 30 $337,500 54 $337,500 54 34 $342,500 40 35 34 $342,500 40 35 $323,750 56 32 $323,750 56 32 $367,000 99 $367,000 99 35 $430,000 89 20 $433,375 74 28 35 $430,000 89 20 $433,375 74 Metropolitan Auckland $475,000 1,578 34 $490,000 1,663 33 $505,000 1,888 31 28 $565,000 2,493 30 $655,000 2,639 30 $630,000 1,943 30 Rodney North $500,000 39 45 $460,000 Hibiscus Coast $475,000 55 32 $467,500 27 76 $395,000 68 41 $519,500 49 96 60 $520,000 71 41 $570,000 83 41 $585,000 58 36 38 $529,250 100 34 $657,000 149 34 $553,750 76 35 Rodney District $490,000 94 38 Franklin County $378,000 46 58 $460,000 95 44 $351,250 56 50 $490,000 $362,500 145 41 $525,000 171 35 $615,000 232 36 $565,000 134 35 76 43 $383,787 85 37 $432,500 96 27 $464,000 73 Franklin District $378,000 46 58 $351,250 56 50 29 $362,500 76 43 $383,787 85 37 $432,500 96 27 $464,000 73 29 Thames / Coromandel $392,500 Thames/Coromandel $392,500 50 113 $306,250 50 113 $306,250 40 40 119 $363,269 48 64 $346,000 56 55 $350,000 69 88 $320,000 60 54 119 $363,269 48 64 $346,000 56 55 $350,000 69 88 $320,000 60 Outer Auckland $430,000 190 55 $405,000 54 191 58 $420,000 269 46 $464,875 312 38 $531,000 397 36 $465,000 267 36 Auckland $470,000 1,768 35 $479,500 1,854 34 $490,000 2,157 33 $555,000 2,805 30 $637,000 3,036 31 $611,000 2,210 30 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Waikato/BOP Medians and Numbers Sold Apr 2010 Apr 2011 Apr 2012 Waikato Country $255,000 162 Hamilton City $334,000 Western BOP Country $392,500 Mount Maunganui/Papamoa Apr 2013 64 $266,000 112 166 43 $339,500 44 50 $412,500 $412,500 70 54 Tauranga $370,000 97 Rotorua $230,000 63 Taupo $335,000 King Country $122,500 Gisborne City $215,500 Gisborne Country Eastern BOP Country Waikato/BOP Mar 2014 55 $232,250 142 180 42 $338,500 52 117 $337,500 $389,500 74 98 50 $320,800 103 45 $255,500 72 37 73 $338,500 16 60 $123,000 35 37 $220,250 $422,000 1 24 $308,000 48 60 $315,000 739 52 Apr 2014 71 $259,000 167 48 $304,000 160 43 $262,500 132 190 37 $325,000 64 96 $380,000 250 35 $375,000 83 83 $424,000 257 34 $360,500 204 33 94 97 $437,750 80 105 $380,000 73 74 $440,000 95 48 $450,000 101 48 $450,000 99 47 68 $343,000 97 56 $254,000 81 51 $327,500 136 62 $239,000 77 54 $388,000 127 43 $360,064 114 48 48 $225,500 86 41 $246,000 49 62 38 61 $342,000 8 120 $115,000 53 58 $298,500 9 56 $103,000 52 99 $348,000 49 64 $370,000 32 63 20 121 $97,000 18 68 $46,000 10 29 41 $230,000 38 43 $217,500 41 40 46 $217,500 36 35 $240,000 33 43 $180,000 1 78 $270,000 39 77 $272,500 5 46 $275,000 42 74 $450,000 1 134 $255,000 6 119 $42,000 1 22 $305,000 41 73 $274,000 34 93 $315,000 31 $312,875 708 60 $315,000 794 55 74 $315,000 962 48 $349,000 968 44 $348,000 785 45 44 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Hawkes Bay Medians and Numbers Sold Apr 2010 Apr 2011 Napier City $303,424 81 Hastings City $275,500 Hawkes Bay Country $240,000 Waipawa Area $138,500 Waipukurau Area Dannevirke Borough Hawkes Bay Apr 2012 37 $310,000 49 55 45 $252,000 7 40 $95,000 5 47 $168,000 3 $128,000 12 $275,500 163 Apr 2013 42 $320,000 79 49 37 $297,500 9 34 $250,000 $179,150 3 40 147 $184,250 2 152 $139,300 6 42 $271,500 118 Mar 2014 45 $320,000 92 60 43 $272,000 9 216 $230,000 $221,000 7 125 $146,000 155 $240,000 5 100 22 $207,500 4 26 40 $296,000 164 48 Apr 2014 41 $321,000 82 48 $285,000 61 68 65 45 $290,000 10 131 $286,000 85 39 $287,500 52 34 13 70 $176,750 12 7 82 31 $201,250 6 81 $176,000 4 176 $186,500 7 $215,000 13 79 $220,000 5 71 $200,000 5 177 48 $90,000 8 191 $123,500 14 78 $277,000 194 47 $287,000 199 47 $269,000 148 54 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Manawatu/Wanganui Medians and Numbers Sold Apr 2010 Palmerston North City $280,250 94 Feilding $235,000 Levin $172,250 Pahiatua $230,000 Manawatu Country Manawatu Waverley Apr 2011 Apr 2012 40 $266,000 106 21 43 $206,500 26 48 $165,000 2 0 $141,500 $221,000 22 41 $245,000 165 43 Apr 2013 37 $280,000 79 24 52 $244,000 7 54 $173,000 6 25 $144,750 $160,000 19 80 $237,500 162 46 Mar 2014 36 $290,000 127 23 43 $233,500 36 61 $158,250 4 32 $126,250 $157,000 24 84 $225,000 166 47 Apr 2014 36 $306,250 94 32 $288,250 85 28 59 $268,750 38 77 $218,500 24 46 $229,355 28 33 25 99 $195,000 25 119 6 59 $187,000 3 48 $223,000 3 55 $195,000 23 62 $250,000 222 45 $155,000 19 45 $174,000 18 56 $252,000 165 44 $253,000 159 45 114 39 $65,000 1 727 $0 0 0 $0 0 0 $0 0 0 $37,500 2 231 $63,500 2 Wanganui City $200,000 35 62 $195,000 42 83 $143,500 38 80 $180,000 60 68 $184,150 55 54 $176,500 34 38 Raetihi/Ohakune/Taihape $115,000 6 270 $167,500 8 102 $165,000 9 101 $200,000 5 39 $138,000 12 142 $68,000 5 288 Rangitikei $85,000 3 43 $70,000 5 34 $155,000 7 89 $162,500 14 51 $141,000 10 177 $150,000 9 154 Wanganui Country $235,000 2 374 $282,500 2 721 $416,000 2 94 $335,000 2 65 $0 0 0 $220,000 5 131 Wanganui $189,000 47 62 $169,000 57 83 $164,000 56 84 $180,000 81 62 $165,000 79 82 $166,000 55 56 Manawatu/Wanganui $230,000 212 45 $220,000 219 49 $218,000 222 55 $235,000 303 48 $236,000 244 56 $229,355 214 46 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Taranaki Medians and Numbers Sold Apr 2010 Apr 2011 Taranaki Country $257,000 25 Waitara $208,500 New Plymouth City $320,000 Bell Block $320,000 Stratford Hawera Taranaki Apr 2012 98 $225,000 28 8 52 $185,000 83 40 $321,000 11 41 $247,500 12 $205,000 17 $280,000 156 Apr 2013 59 $252,500 22 12 90 $214,000 56 35 $287,500 $355,000 15 42 $305,000 50 $210,000 12 74 56 $190,000 19 31 58 $279,500 142 44 Mar 2014 127 $228,500 32 12 52 $223,000 70 26 $326,500 12 36 $354,650 $134,000 5 42 $230,000 20 85 $250,550 141 49 Apr 2014 77 $240,000 29 98 $245,000 17 56 9 49 $290,000 90 31 $345,000 11 35 $236,000 5 53 89 32 $359,500 77 15 0 29 $376,000 9 24 $442,500 16 44 $188,250 16 $215,000 30 83 $200,000 13 78 $160,000 11 83 79 $195,000 35 78 $257,000 20 163 $290,500 192 48 $290,000 186 43 $310,000 146 48 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Wellington Medians and Numbers Sold Apr 2010 Apr 2011 Apr 2012 Wairarapa $261,500 54 Upper Hutt $315,000 Hutt Valley $368,000 Otaki / Paekakariki $355,000 Pukerua Bay / Tawa Northern Wellington Apr 2013 64 $216,000 57 57 45 $336,000 130 39 $358,250 92 43 $309,250 $372,750 58 44 $449,500 80 38 Western Wellington $540,050 24 Southern Wellington $472,000 35 Eastern Wellington $557,500 Central Wellington Wellington Mar 2014 39 $235,000 55 50 32 $322,000 116 43 $360,000 80 50 $362,500 $390,000 51 60 $440,000 73 41 25 $500,000 37 28 $450,500 26 45 29 $490,000 $439,250 48 28 $390,000 623 39 Apr 2014 79 $246,000 57 53 $250,000 81 61 $245,000 61 60 64 43 $318,000 113 38 $355,000 75 38 $312,000 169 36 $371,250 57 52 $342,500 56 44 164 35 $390,000 97 73 52 $346,000 95 50 $382,000 33 115 32 $390,000 102 38 $375,000 60 45 $420,000 68 28 $390,000 73 40 $482,000 85 29 $413,500 72 35 $388,000 73 42 $470,000 81 27 $520,000 87 23 35 $493,000 31 24 $481,500 40 37 $564,000 52 36 $532,500 49 23 $580,000 44 19 $605,500 36 29 23 $525,000 44 20 $504,500 36 35 24 $502,000 27 30 $550,000 23 45 23 $584,000 36 26 $568,500 30 31 $530,000 49 51 $386,500 574 41 $547,000 41 59 $380,500 572 41 $441,500 45 35 $457,500 59 30 $535,500 38 42 $400,000 745 35 $400,000 753 32 $415,980 616 34 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Nelson/Marlborough Medians and Numbers Sold Apr 2010 Apr 2011 Nelson $355,000 78 Richmond $450,000 Motueka $304,750 Takaka $270,000 Nelson Country Nelson Marlborough Sounds Marlborough/Kaikoura Apr 2012 31 $340,000 77 18 48 $410,000 20 48 $345,000 3 181 $267,500 $365,000 12 68 $367,000 131 41 $497,500 4 184 $0 $282,500 71 49 $333,500 Marlborough $285,000 75 51 $333,500 Nelson/Marlborough $339,500 206 43 $339,000 Apr 2013 48 $309,000 55 13 43 $415,000 19 73 $403,500 4 118 $420,000 $368,500 14 58 $345,000 127 55 0 0 64 63 64 191 Mar 2014 37 $339,000 105 21 38 $355,000 14 58 $341,500 9 46 $450,500 $375,000 14 72 $350,000 113 41 $425,000 5 425 $310,000 78 45 63 $312,834 83 57 $333,500 196 Apr 2014 30 $365,000 101 33 $370,000 65 30 30 32 $453,000 20 49 $374,500 21 23 $499,500 16 19 18 25 $302,000 21 1 25 $253,000 76 1 149 $379,750 2 40 $357,000 21 35 $350,000 177 33 $409,750 26 31 $388,250 18 68 $399,500 167 30 $380,000 122 39 $500,000 3 197 $307,500 83 43 $404,250 4 59 $446,000 1 38 $295,000 85 51 $330,000 79 50 $310,750 86 41 48 $295,000 89 51 $330,000 80 41 42 $326,000 263 35 $355,500 256 36 $360,000 202 39 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Canterbury/Westland Medians and Numbers Sold Apr 2010 Apr 2011 $351,750 22 38 $317,500 2 Nth East(Avnda/Avsi/Bur/Park) $299,000 East(Aran/Bxly/Brom/Linwd) $221,500 39 37 $323,500 22 49 $216,000 Sth East(Hthct/Opawa/Wlstn) $286,500 24 34 Sth Inner (Sydhm/Wlthm) Central (Inside,4 Avenues) Apr 2012 Apr 2013 92 $250,000 1 14 48 $345,000 7 50 $243,000 $222,500 8 45 Mar 2014 27 $275,000 7 28 24 $352,000 18 45 $233,500 $296,000 15 44 Apr 2014 98 $387,500 10 48 $385,000 15 26 35 27 $365,000 28 29 $280,000 33 24 $344,250 30 21 23 25 $282,500 21 $287,000 20 26 21 $320,000 33 26 $310,000 24 20 $193,000 13 23 $238,250 6 97 $200,000 11 56 $270,000 17 46 $312,000 16 27 $370,000 11 34 Sth Outer(Beck/Bow/Casfl/Stma) $383,000 26 22 $246,000 9 17 $391,000 14 28 $490,000 17 23 $485,000 21 27 $687,500 8 25 S/W Inner(Addtn/Smfld/Sprey) $304,000 30 25 $285,000 15 47 $315,000 33 28 $330,000 45 23 $401,000 33 27 $370,000 35 27 S/W Outer(Hlswl/Himtn/Hnhy) $330,000 24 29 $351,000 40 39 $356,000 39 28 $390,000 41 22 $413,000 41 28 $416,250 34 26 West Inner(Riccn/Upper Riccn)$372,000 13 29 $352,500 16 43 $339,000 31 21 $424,000 29 23 $417,500 34 29 $424,750 20 26 West Outer(Heih/Hby/Sckbn/Tem) $273,250 30 27 $271,000 28 46 $295,000 35 19 $365,375 42 15 $432,500 39 25 $439,000 36 19 N/W Inner(Fendn/Ilam/Meriv) $475,000 45 39 $537,500 31 44 $476,000 39 33 $635,000 57 30 $720,000 49 24 $685,000 51 31 Avonhead $359,000 23 36 $358,900 20 29 $390,000 19 26 $445,000 25 25 $561,000 29 24 $532,500 22 28 N/W Outer(Brynd/Burns) $382,500 36 23 $358,500 20 40 $449,125 26 33 $429,000 29 29 $480,000 29 26 $522,500 28 28 Nth Inner(Dal/Rich/Shly/Stalb) $300,000 48 36 $345,000 33 33 $310,000 47 31 $312,500 62 27 $385,000 75 23 $370,000 52 28 Nth Outer(Bfst/Bish/Pap/Redwd) $374,000 57 28 $315,000 41 41 $372,250 57 29 $396,000 81 25 $440,500 68 28 $424,000 56 29 $555,000 9 42 $482,500 4 1 $551,500 8 22 $519,000 5 20 $650,000 13 29 $525,000 7 54 Seaside Nth(Nb/Nthbeach/Sthnb) $271,500 21 25 $265,000 9 63 $287,000 24 42 $297,000 25 36 $250,000 35 20 $322,000 22 25 All Hill(Cash/Clh/Mtp/Scar/Wm)$597,000 19 41 $512,500 8 49 $420,000 13 30 $656,000 7 37 $590,000 13 26 $740,000 10 34 Harbourside(All Lytln&Harbour)$406,250 10 48 $285,000 4 81 $365,000 11 35 $450,000 11 45 $435,000 14 31 $600,000 5 49 511 31 $335,000 315 42 $345,000 469 30 $375,000 583 27 $418,000 608 26 $412,500 487 27 3 194 $346,000 6 39 $255,000 5 17 $352,000 3 84 $440,000 7 49 $474,500 4 94 14 31 $353,500 10 42 $338,000 25 25 $367,500 20 20 $395,000 23 40 $390,000 15 27 Seaside Sth(Rdcfs/Sumfl) Christchurch City $330,000 Banks Pen(East Of Motukarara)$590,000 Kaiapoi $260,000 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Rangiora Apr 2010 Apr 2011 Apr 2012 Apr 2013 Mar 2014 Apr 2014 $304,775 24 53 $305,000 59 64 $340,000 33 13 $343,000 25 19 $446,000 44 27 $435,000 31 24 Nth Cant(All Nth&W Ofnthwaimk) $297,250 18 59 $302,500 26 80 $310,000 44 26 $334,250 38 24 $375,000 37 27 $380,500 26 42 Cant Ctry(Alloth W&S To Midcan) $387,500 34 46 $376,000 65 42 $407,500 50 31 $500,000 61 17 $528,000 60 23 $518,000 69 31 Mid Cant(Rakaia/R-Rangitata R) $240,000 25 65 $250,000 37 63 $250,000 53 36 $271,500 46 41 $285,000 39 27 $310,000 39 31 Timaru $244,000 59 47 $229,000 45 91 $240,000 59 44 $260,000 52 29 $285,000 59 33 $289,000 58 28 Sth Cant(Below Rangitata Riv) $222,000 24 45 $217,000 32 103 $194,000 21 64 $220,000 72 41 $222,500 48 69 $247,000 39 44 West Coast $225,000 30 58 $170,000 31 118 $227,000 41 49 $225,500 34 71 $245,000 23 84 $190,000 18 41 Other Canterbury/Westland $265,000 231 47 $284,000 311 65 $285,000 331 31 $315,000 351 27 $362,750 340 34 $360,000 299 33 Canterbury/Westland $310,000 742 35 $310,000 626 49 $321,000 800 30 $353,000 934 27 $401,000 948 27 $395,000 786 28 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Central Otago Lakes Medians and Numbers Sold Apr 2010 Apr 2011 Central $370,000 53 Queenstown $450,000 Central Otago Lakes $429,500 Apr 2012 77 $403,500 49 47 45 $520,000 100 56 $479,000 Apr 2013 57 $399,000 65 57 45 $640,000 106 47 $470,000 Mar 2014 57 $378,500 70 50 72 $566,000 115 59 $422,500 Apr 2014 65 $405,000 74 55 $322,000 66 49 58 50 $663,500 128 57 $460,000 42 52 $545,000 39 38 116 53 $450,000 105 47 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Otago Medians and Numbers Sold Apr 2010 Apr 2011 North Otago $170,000 23 Dunedin City $248,000 South Otago $165,000 East Otago Otago Apr 2012 36 $172,500 34 175 36 $255,000 9 148 $127,000 $125,000 2 120 $235,500 209 38 Apr 2013 62 $200,000 28 169 42 $255,000 17 50 $150,000 $390,000 5 70 $235,000 225 47 Mar 2014 58 $195,750 40 183 30 $260,000 15 103 $160,750 $220,000 9 29 $240,000 235 34 Apr 2014 45 $230,000 49 47 $205,000 40 200 30 $280,000 16 109 $168,000 189 28 $258,750 136 30 16 61 $129,000 21 135 $198,000 7 129 $390,000 5 20 $205,000 2 180 $245,000 263 36 $265,000 259 29 $241,500 199 36 53 Property Market Report The Real Estate Institute of New Zealand Local Area Median, volumes and days to sell Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Southland Medians and Numbers Sold Apr 2010 Apr 2011 Apr 2012 Invercargill $199,000 85 32 $185,000 93 Bluff $105,000 1 148 $0 Gore $155,100 28 35 $203,500 Riverton $185,000 9 137 $238,000 5 Winton $245,000 7 25 $225,000 Te Anau $185,000 3 139 $300,000 Southland $185,000 133 37 $193,250 Apr 2013 48 $203,000 99 0 0 $146,500 18 40 $160,750 404 $193,500 5 99 5 127 126 49 Mar 2014 30 $194,250 92 38 6 57 $217,000 3 17 20 29 $164,000 24 57 10 171 $174,000 11 88 $170,000 13 32 $176,750 8 $303,750 2 36 $256,000 5 $196,000 150 35 $194,000 143 47 Apr 2014 $175,000 117 32 $198,000 79 43 $61,000 6 49 $147,500 14 67 $90,000 1 42 $174,000 25 $270,000 7 206 26 $141,000 3 119 58 $210,000 13 145 $285,000 7 60 $155,000 4 77 119 $268,350 5 150 $175,000 164 37 $189,000 117 44 Property Market Report The Real Estate Institute of New Zealand National Sales Distribution Subject to the REINZ Authorised User Agreement 08 May 2014, 11:53:43 Price Band Apr 2012 Apr 2013 Mar 2014 Apr 2014 Under $400,000 3232 3648 3155 2497 $400,000 - $599,999 1423 1816 1947 1557 $600,000 - $999,999 773 1263 1616 1185 $1 million and over 248 377 597 431 5676 7104 7315 5670 Total