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June 2021

 
 
 

The first real month of winter recorded a total of 17 residential dwelling sales, broadly in line with the monthly average for the calendar year to date. As expected, the monthly median sales figure eased back to $450,000, but still showing an annual moving median figure of $453,890, some 25% up on the previous year. The three recorded section sales were very much the norm for the Turangi market, on a monthly median price of $200,000, and an annual moving median figure of $238,050. With the July school holidays almost upon us, it will be interesting to note whether the record number of internal holiday bookings translates into genuine sales enquiry and of course unconditional sales.

(Source REINZ Statistics)

 
 
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56

Number of sales in the last three months (48 houses 8 sections) April - June 2021
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24.47%

Average sale price increased. Annual moving median (June 2020 - June 2021)
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$453,890

Annual moving median - houses (June 2021)
 

Where do our buyers come from?

 

Jan 2021 to Jun 2021 (source: Bayleys Turangi Purchaser Statistics)

    • Local23%
    • Auckland25%
    • Bay of Plenty4%
    • Hawkes Bay6%
    • Waikato7%
    • Manawatu8%
    • Wellington23%
    • Taranaki4%
    • Overseas0%