May 2020
The Turangi housing market recovered quickly during May, posting a total of 14 residential dwelling sales together with 2 section sales. Whilst the annual moving median appeared to take a hit, it would be unwise to place too much store on this statistic as the previous month’s solitary sale tends to confuse the result. The indications half way through June are certainly positive, with enquiry, activity and new sales very much on the upward trajectory.
(Source REINZ Statistics)
33
Number of sales in the last 3 months (27 Houses 6 Sections)
16.59%
Average sale price decreased Annual moving median May 2019 - May 2020
$299,733
Annual moving median - Houses, May 2020