The Turangi Real Estate

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)