June 2020
The Turangi housing market exploded into life with a remarkable 19 housing sales recorded, together with 4 section sales. The result pushed the annual moving median into positive territory, standing at $364,629, with a monthly median for June recorded at $400,000. The Southern Lake Region is certainly leading the recovery and with spring only weeks away, the dark days of March and April seem a long time ago.
(Source REINZ Statistics)
42
Number of sales in the last 3 months (34 Houses 68Sections)
3.95%
Average sale price increased Annual moving median June 2019 - June 2020
$364, 629
Annual moving median - Houses, June 2020