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October 2020

 
 
 

Another consistent result in Turangi housing market with 13 dwelling sales recorded and where despite the monthly median sale price eased back to $372,500, the annual moving median continued in a positive trajectory sitting at $376,212. The two recorded section sales helped increase the annual moving median figure to $176,464, representing an increase year on year of 5.37%. As summer approaches and local tourism ramps up, it will be interesting to observe the impact on the housing market in one of New Zealand’s top tourist destinations.

(Source REINZ Statistics)

 
 
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49

Number of sales in the last 3 months (37 Houses 12 Sections)
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3.4%

Average sale price increased Annual moving median October 2019 - October 2020
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$376,212

Annual moving median - Houses, October 2020
 

Where do our buyers come from?

 
  • Local40%
  • Taupo20%
  • Auckland10%
  • Waikato5%
  • Hawkes Bay5%