fbpx

April 2022

 
 
 

April 2022 saw the market report a mere seven residential housing sales, the lowest figure since mid- winter last year where similar numbers were recorded. By way of contrast, as a result of the low sales volume, the monthly median sales figure for houses rose sharply to $695,000, edging the Annual Moving Median up to $624,333. With no section sales achieved in April the Annual Moving Median eased slightly to lie at an affordable $197,167.

(Source REINZ Statistics)

 
 
HomeIcon.png

35

Number of sales in the last three months (32 houses 3 sections) February - April 2022
calendar Icon

44.18%

Average sale price increased. Annual moving median (April 2021 - April 2022)
GraphIcon

$624,333

Annual moving median - houses (April 2022)
 

Where do our buyers come from?

 

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

    • Local21%
    • Auckland21%
    • Bay of Plenty7%
    • Hawkes Bay4%
    • Waikato7%
    • Manawatu10%
    • Wellington25%
    • Taranaki4%
    • Overseas0%
     

    Turangi


    November 2021 to April 2022

    42

    Number of houses sold

    $513,931

    Average house sale price

    4

    Number of sections sold

    $222,500

    Average section sale price

    38

    Median days on the market (April 2022)
     

    Motuoapa


    November 2021 to April 2022

    14

    Number of houses sold

    $820,714

    Average house sale price

    4

    Number of sections sold

    $377,500

    Average section sale price

    68

    Median days on the market (April 2022)
     

    Western Bays

    Pukawa - Omori - Kuratau November 2021 to April 2022

    15

    Number of houses sold

    $964,542

    Average house sale price

    4

    Number of sections sold

    $977,500

    Average section sale price

    35

    Median days on the market (April 2022)
     

    Whareroa


    November 2021 to April 2022

    3

    Number of houses sold

    $801,667

    Average house sale price

    1

    Number of sections sold

    $455,000

    Average section sale price
     

    Eastern Bays

    Waitetoko - Oruatua - Tauranga-Taupo November 2021 to April 2022

    2

    Number of houses sold

    $327,000

    Average house sale price