REINZ residential highlights - November 2009

To view the regions quickly:
Northland
Auckland
Waikato/Bay of Plenty/Gisborne
Hawke's Bay
Manawatu/Wanganui
Taranaki
Wellington
Nelson/Marlborough
Canterbury/Westland
Central Otago Lakes
Otago
Southland

Northland
In total, 146 houses sold in Northland in November (October 2009: 113; November 2008: 93). The median price increased to $341,000 from $310,000 in October (November 2008: $322,000).

28 houses sold in the Whangarei County area (October 2009: 11; November 2008:16). The median price increased to $391,500 from $361,000 in October (November 2008: $430,000).

63 houses sold in Whangarei City in November, up from 56 in October 2009 (November 2008: 35). The median was up at $325,000 (October 2009: $306,497; November 2008: $300,000).

Auckland
The median house price in Auckland increased to $470,000 in November (October 2009: $455,000 November 2008: $425,000). 2,192 houses sold in November, compared with 2,072 sold in October (November 2008: 1,411).

The median sale price for a North Shore City home increased to $560,000 in November. (October 2009: $545,000; November 2008: $513,250).  428 houses sold during the month, an increase on the 409 sold in October 2009. (November 2008: 266).

Sales volume was down in Waitakere City in November with 281 sold (October 2009: 297; November 2008: 187).  The median price also decreased to $385,000 (October 2009: $390,000; November 2008: $375,000).

The median price for an Auckland City house was steady at $525,000 in November (October 2009: $525,000 and November 2008: $448,000). 778 houses sold in November, up on the 681 sold in October 2009 (November 2008: 467).

394 houses sold in Manukau City in November (October 2009: 372; November 2008: 306). The median price increased to $462,500 from $431,750 in October (November 2008: $417,000).

The number of sales in Papakura was down with 55 houses sold in November 2009. (October 2009: 70; November 2008: 40). The median price was down at $325,000 (October 2009: $332,500; November 2008: $301,000).

The median price for a Metropolitan Auckland house was up at $479,000 in November, from $462,000 in October (November 2008: $428,500).  1,936 houses sold (October 2009: 1,829; November 2008: 1,266).

147 houses sold in Rodney District, up from the 121 sold in October (November 2008: 69). The median price was up at $460,000, from $440,000 in October (November 2008: $455,000).

The median price for a Franklin District home increased to $375,000 in November, from $347,500 in October (November 2008: $385,000).  52 houses sold, down on the 64 sales in October 2009 (November 2008: 37).

57 houses sold in Thames/Coromandel in November, one down from the 58 sales in October (November 2008: 39). The median price decreased to $365,000 from October's $417,500 (November 2008: $380,000).

The median price for an Outer Auckland home was up at $423,250 in November, from $415,000 in October (November 2008: $401,000). Sales volume was up with 256 houses sold, compared with the 243 sold in October (November 2008: 145).

Waikato/Bay of Plenty/Gisborne
The median price for a house in the Waikato/Bay of Plenty/Gisborne district decreased to $320,000 in November (October 2009: $327,500; November 2008: $302,050). 828 houses sold, an increase on the 789 sold in October 2009 (November 2008: 606).

Sales were increased slightly in Waikato Country in November with 147 houses sold (October 2009: 145; November 2008: 92). The median price was down at $255,000 (October 2009: $260,000; November 2008: $275,000).

The median price for a Hamilton City house decreased to $328,500 in November. (October 2009: $334,250; November 2008: $320,000). Sales volume was up, with 221 dwellings sold in November 2009 (October 2009: 214; November 2008: 170).

Sales volume was up in Western Bay of Plenty Country with 58 houses sold, an increase on the 55 sold in October. The median price increased to $377,750 from $358,000 in October. In November 2008, 31 houses sold with a median sale price of $310,000.

The median price for a house in Mt Maunganui/Papamoa decreased to $407,000 in November, from $422,500 in October (November 2008: $415,000).  81 houses sold, up on the 66 sold in October 2009 (November 2008: 50).

114 houses sold in Tauranga in November, down on the 117 sold in October (November 2008: 91). The median price was down at $355,000 (October 2009: $395,000; November 2008: $323,500).

Rotorua's median price decreased to $229,000 in November, from $255,000 in October (November 2008: $221,000). 69 houses sold, up from the 63 sold in October (November 2008: 76). 

44 houses sold in Taupo in November, up from the 35 sold in October (November 2008: 30). The median price decreased to $346,000 in November from $357,000 in October (November 2008: $312,250).

The median price for a King Country home increased to $206,500 in November (October 2009: $113,000; November 2008: $185,000). 12 houses sold, compared with 10 in October (November 2008: seven).

The median price for a Gisborne City home decreased to $256,500 from $270,000 in October (November 2008: $241,500). Sales volume was down with 34 houses sold.  (October 2009: 42; November 2008: 40).

The median price for a house in Eastern Bay of Plenty Country decreased to $275,000 in November, down from $299,000 in October (November 2008: $250,000). 47 houses sold; up from the 41 sold in October (November 2008: 17).

Hawke's Bay
Sales volume was steady in the Hawke's Bay in November with 225 houses sold (October 2009: 225; November 2008: 147). The median price increased slightly to $275,000 (October 2009: $272,000; November 2008: $292,500).

The median price for a house in Napier City increased to $284,000 in November (October 2009: $280,000; November 2008: $293,026). 93 houses sold in November (October 2009: 115; November 2008: 56).

91 houses sold in Hastings City in November 2009, up from 70 in October 2009 (November 2008: 58).  The median price was up slightly at $284,000 from $283,000 in October (November 2008: $287,500).

Hawke's Bay Country's median price decreased to $330,000 in November, from $340,750 in October (November 2008: $382,500).  15 homes sold in November (October 2009: 12; November 2008: 16).

Manawatu/Wanganui
The median price for a house in the Manawatu/Wanganui district increased to $230,000 in November (October 2009: $225,000; November 2008: $229,500). 281 houses sold in November, down on the 297 sold in October (November 2008: 222).

The median sale price for a house in Palmerston North City increased to $270,000 in November. (October 2009: $254,000; November 2008: $255,000). 118 houses sold (October 2009: 139; November 2008: 105).

Sales volume was up in Manawatu Country with 23 houses sold (October 2009: 17; November 2008: 24). The median price decreased to $190,000 from $198,000 in October (November 2008: $187,500).

The median sale price in Manawatu increased to $245,000 in November (October 2009: $240,000; November 2008: $238,500). The number of sales was up with 220 houses sold (October 2009: 214; November 2008: 176).

44 houses sold in Wanganui City in November, down from the 62 sold in October (November 2008: 36). The median price was down at $184,000 from $197,000 in October (November 2008: $187,500).

The median sale price in Wanganui decreased to $175,000 in November. (October 2009: $190,000; November 2008: $182,000). 61 houses sold, down on the 83 sold in October 2009 (November 2008: 46).

Taranaki
The median price for a house in Taranaki increased slightly to $277,000 in November (October 2009: $275,000; November 2008: $260,000). 149 houses sold, down from the 159 sold in October (November 2008: 135).

27 houses sold in the Taranaki Country area in November (October 2009: 33; November 2008: 21). The median price dropped to $202,000 from $228,000 in October (November 2008: $210,000).

The median sale price for a New Plymouth City house increased to $338,000 (October 2009: $322,500; November 2008: $310,000).  The number of sales was down with 71 houses sold in November (October 2009: 88; November 2008: 63). 

Wellington
Wellington's median price decreased to $391,500 in November from October 2009's $415,000.  (November 2008: $369,000). The number of sales was down at 665 for November, compared with 757 sold in October 2009.  (November 2008: 509).

47 houses sold in the Wairarapa in November (October 2009: 60; November 2008: 33). The median price was down at $232,000 from $251,500 in October (November 2008: $252,500).

The median price for an Upper Hutt house increased to $338,400 (October 2009: $333,000; November 2008: $310,075). 48 houses sold, down on the 63 sold in October (November 2008: 46).

133 houses sold in the Hutt Valley (October 2009: 143; November 2008: 90). The median price was down at $340,000 from $363,000 in October 2009 (November 2008: $327,000).

The median price for a house in Otaki/Paekakariki decreased to $325,000 in November (October 2009: $355,000; November 2008: $320,000). 127 houses sold (October 2009: 105; November 2008: 76).

70 houses sold in Pukerua Bay/Tawa in November, down from 78 sales in October (November 2008: 68). The median price was up at $386,500 (October 2009: $364,625; November 2008: $392,500).

Sale numbers in Central Wellington were down at 47 from 102 in October 2009. (November 2008: 44). The median price rose to $570,000 from $510,950 in October (November 2008: $372,500). 

Nelson/Marlborough
The median price for a Nelson/Marlborough home increased to $326,000 in November (October 2009: $320,000; November 2008: $338,500).  199 houses sold (October 2009: 206; November 2008: 154).

100 houses sold in Nelson City in November (October 2009: 93; November 2008: 59). The median price increased to $320,000 (October 2009: $315,000; November 2008: $330,000).

The median price for a Nelson Council zone house was down at $326,500 in November (October 2009: $340,000; November 2008: $321,000). 148 houses sold (October 2009: 147; November 2008: 95).

51 houses sold in Marlborough in November (October 2009: 59; November 2008: 59). The median price increased to $310,000 from $285,000 in October (November 2008: $350,000).

Canterbury/Westland
Sales volume was down in Canterbury/Westland with 832 houses sold in November (October 2009: 980; November 2008: 607). The median sale price remained steady at $310,000. (October 2009: $310,000; November 2008: $300,500).

The median price for a house in Christchurch City was down at $327,555 in November, from $330,000 in October (November 2008: $320,000). 565 houses sold (October 2009: 654; November 2008: 430).

The median price for a home in Rangiora increased to $330,000 in November (October 2009: $279,000; November 2008: $290,500). Sale numbers were down with 26 houses sold. (October 2009: 34; November 2008: 22).

The median price for a North Canterbury house was up at $324,250 in November, from $289,500 in October (November 2008: $298,500). 26 houses sold, down on the 38 sold in October (November 2008: 10).

The median price for a Canterbury Country home eased up to $370,000 in November, from $368,000 in October (November 2008: $370,000).  40 houses sold (October 2009: 43; November 2008: 26).

The number of houses sold in Mid Canterbury in November was down with 46 sales recorded (October 2009: 55; November 2008: 22).  The median price was up at $260,000 from $254,000 in October.  (November 2008: $255,000).

Sales volume was down in Timaru in November, with 54 houses sold (October 2009: 59; November 2008: 34). The median price decreased to $220,000 in November, from $239,500 in October (November 2008: $200,000).

The median price for a house on the West Coast was up at $227,750 in November from $180,000 in October (November 2008: $224,000). 28 houses sold, down on the 39 sold in October (November 2008: 19). 

267 houses sold in Outer Canterbury in November (October 2009: 326; November 2008: 177). The median price was up at $270,000 in November (October 2009: $265,000; November 2008: $260,000).

Central Otago Lakes
99 houses sold in November, up from the 86 sold in October (November 2008: 69). The median price was down at $441,000 (October 2009: $483,000; November 2008: $475,000).

The median price for a house in Central Otago decreased to $365,000 in November (October 2009: $372,500; November 2008: $440,000). 53 houses sold (October 2009: 41; November 2008: 33).

Sales volume eased up one in Queenstown with 46 houses sold in November, compared with the 45 sold in October (November 2008: 36). The median price was up at $560,000 (October 2009: $555,000; November 2008: $500,000).

Otago
275 houses sold in Otago in November, up from October's 247 (November 2008: 203).  The median price increased to $240,000 from $235,000 in October (November 2008: $223,000).

Sales volume was down in North Otago with 41 houses sold (October 2009: 43; November 2008: 32). The median sale price decreased to $192,000 from $220,000 in October (November 2008: $187,500).

The median price in Dunedin City eased up to $256,752 in November from $255,000 in October (November 2008: $232,500). 210 houses sold (October 2009: 181; November 2008: 153).

The number of sales was steady in South Otago with 19 houses sold (October 2009: 19; November 2008: 13). The median price increased to $175,000 from $150,000 in October (November 2008: $190,000).

Southland
Sales volume was up in Southland with 165 houses sold (October 2009: 160; November 2008: 123). The median price increased slightly to $182,000 from $180,750 in October (November 2008: $165,000).

Sales volume was up in Invercargill at 118 for November (October 2009: 113; November 2008: 89). The median price increased to $195,000 (October 2009: $186,000; November 2008: $175,000).

The median price for a house in Gore decreased to $138,500 in November from $149,350 in October (November 2008: $120,000).  27 houses sold during the month (October 2009: 20; November 2008: 13).