New Zealand Property Investors' Federation
The NZPIF is the umbrella body for 17 local Property Investors' Associations throughout New Zealand.
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In total, 139 houses sold in Northland in February (January 2009: 83; February 2008: 184). The median price increased to $305,000 from $275,000 in January (February 2008: $284,000).
24 houses sold in the Whangarei County area (January 2009: eight; February 2008: 13). The median price rose to $390,000 from $380,000 in January (February 2008: $425,000).
51 houses sold in Whangarei City in, up on the 42 sold in January (February 2008: 80). The median was also up at $282,000 (January 2009: $261,000; February 2008: $328,500).
The median house price in Auckland eased slightly to $421,500 in February, from $422,000 in January (February 2008: $427,000). 1,590 houses sold in February, compared with 1,149 sold in January (February 2008: 1,772).
The median sale price for a North Shore City home eased to $500,000 in February. (January 2009: $507,500; February 2008: $525,000). 300 houses sold during the month, up on the 246 sold in January 2009. (February 2008: 291).
Sales volume was up in Waitakere City in February with 188 sold (January 2009: 143; February 2008: 246). The median price was also up at $362,250 (January 2009: $352,500; February 2008: $375,000).
The median price for an Auckland City house increased to $465,000 in February (January 2009: $458,500 and February 2008: $439,500). 505 houses sold in February, up on the 344 sold in January 2009 (February 2008: 558).
363 houses sold in Manukau City in February (January 2009: 237; February 2008: 362). The median price was up at $416,000 from $408,000 in January (February 2008: $395,000).
The number of sales in Papakura rose with 47 houses sold in February 2009. (January 2009: 28; February 2008: 63). The median price also rose to $310,000 (January 2009: $303,500; February 2008: $345,000).
The median price for a Metropolitan Auckland house was up at $435,000 in February, from $425,000 in January (February 2008: $425,500). 1,403 houses sold (January 2009: 998; February 2008: 1,520).
80 houses sold in Rodney District, up from the 65 sold in January (February 2008: 101). The median price dropped to $410,000, from $485,000 in January (February 2008: $485,000).
The median price for a Franklin District home was down to $355,000 in February, from $367,000 in January (February 2008: $350,000). 49 houses sold, up on the 45 sales in January 2009 (February 2008: 70).
58 houses sold in Thames/Coromandel in February, up on the 41 sold in January (February 2008: 81). The median price was down at $335,000 from $350,000 in January (February 2008: $440,000).
The median price for an Outer Auckland home decreased to $375,000 in February, from $396,000 in January (February 2008: $432,500). Sales volume was up with 187 houses sold, compared with the 151 sold in January (February 2008: 252).
The median price for a house in the Waikato/Bay of Plenty/Gisborne region rose to $316,000 in February (January 2009: $304,250; February 2008: $333,000). 712 houses sold, an increase on the 458 sold in January 2009 (February 2008: 951).
Sales were up in Waikato Country in February with 116 houses sold (January 2009: 65; February 2008: 187). The median price also up at $277,500 (January 2009: $248,000; February 2008: $290,000).
The median price for a Hamilton City house rose to $320,000 in February, from $290,000 in January (February 2008: $360,000). Sales volume was up, with 197 houses sold in February 2009 (January 2009: 119; February 2008: 209).
Sales volume was also up in Western Bay of Plenty Country with 58 houses sold, an increase on the 28 sold in January. The median price dipped to $$351,000 from $379,000 in January. In February 2008, 84 houses sold with a median sale price of $400,000.
The median price for a house in Mt Maunganui/Papamoa increased to $400,000 in February, from $375,000 in January (February 2008: $470,000). 71 houses sold, up on the 40 sold in January 2009 (February 2008: 77).
100 houses sold in Tauranga in February, up on the 66 sold in January (February 2008: 105). The median price decreased to $340,000, from $343,750 in January (February 2008: $354,000).
Rotorua’s median price rose to $256,000 in February, from $242,500 in January (February 2008: $266,000). 63 houses sold, up from the 48 sold in January (February 2008: 93).
36 houses sold in Taupo in February, down two on the 38 sold in January (February 2008: 52). The median price also decreased to $332,500 in February from $382,500 in January (February 2008: $425,000).
The median price for a King Country home fell to $166,000 in February (January 2009: $182,500; February 2008: $161,000). Nine houses sold, down one on the 10 sold in January (February 2008: 25).
The median price for a Gisborne City home dropped to $249,750 from $255,000 in January (February 2008: $268,500). Sales volume was up with 30 houses sold, compared with the 26 sold in January (February 2008: 55).
Two sales with a median price of $405,500 were recorded in Gisborne Country for February (No sales recorded for January 2009 or February 2008).
The median price for a house in Eastern Bay of Plenty Country jumped to $260,000 in February, up from $210,000 in January (February 2008: $291,000). 30 houses sold, a rise in numbers from the 18 sold in January. 64 sold in February 2008.
Sales volume was up in the Hawkes Bay in February with 182 houses sold (January 2009: 155; February 2008: 283). The median price was also up at $267,000 (January 2009: $259,000; February 2008: $270,000).
The median price for a house in Napier City increased to $310,500 in February (January 2009: $287,000; February 2008: $311,250). 84 houses sold in February (January 2009: 79; February 2008: 130).
69 houses sold in Hastings City in February 2009, up from 46 in January 2009 (February 2008: 105). The median price was up at $253,000 from $240,000 in January (February 2008: $260,000).
Hawke's Bay Country’s median price increased to $230,000 in February, from $134,000 in January (February 2008: $251,250). 12 homes sold in February (January 2009: six; February 2008: 18).
The median price for a house in the Manawatu/Wanganui districts was up at $230,000 in February (January 2009: $220,000; February 2008: $225,000). 308 houses sold in February, up on the 217 sold in January (February 2008: 376).
The median sale price for a house in Palmerston North City decreased to $252,750 in February. (January 2009: $260,000; February 2008: $262,000). 144 houses sold (January 2009: 99; February 2008: 131).
Sales volume was up in Manawatu Country with 21 houses sold (January 2009: 17; February 2008: 38). The median price rose to $220,000 from $190,000 in January (February 2008: $225,500).
The median sale price in the Manawatu was up at $245,000 in February (January 2009: $235,000; February 2008: $240,000). The number of sales was up with 233 houses sold (January 2009: 164; February 2008: 251).
53 houses sold in Wanganui City in February, up from the 35 sold in January (February 2008: 89). The median price was also up at $193,500 from $178,000 in January (February 2008: $170,000).
The median sale price in Wanganui rose to $180,000 in February, from $160,000 in January (February 2008: $175,000). 75 houses sold, up on the 53 sold in January 2009 (February 2008: 125).
The median price for a house in Taranaki decreased to $260,000 in February (January 2009: $266,750; February 2008: $265,000). 147 houses sold, up from the 130 sold in January (February 2008: 188).
22 houses sold in the Taranaki Country area in February (January 2009: 13; February 2008: 25). The median price fell to $250,000 from $255,000 in January (February 2008: $220,000).
The median sale price for a New Plymouth City house dropped to $271,000 (January 2009: $307,500; February 2008: $320,000). The number of sales increased with 75 houses sold in February (January 2009: 66; February 2008: 101).
Wellington’s median price increased to $375,000 in February from January 2009’s $362,500. (February 2008: $375,800). The number of sales was up at 639 for February, compared with 396 sold in January 2009. (February 2008: 748).
53 houses sold in the Wairarapa in February (January 2009: 32; February 2008: 59). The median price was up to $241,500 from $231,000 in January (February 2008: $258,000).
The median price for an Upper Hutt house rose to $321,250 (January 2009: $300,000; February 2008: $325,000). 54 houses sold, up on the 34 sold in January (February 2008: 97).
99 houses sold in the Hutt Valley (January 2009: 78; February 2008: 152). The median price rose to $350,000 from $345,000 in January 2009 (February 2008: $340,000).
The median price for a house in Otaki/Paekakariki jumped to $352,500 in February (January 2009: $315,000; February 2008: $326,500). 92 houses sold (January 2009: 65; February 2008: 86).
61 houses sold in Pukerua Bay/Tawa in February, an increase on the 39 sales in January (February 2008: 67). The median price also decreased to $354,000 from $364,000 in January (February 2008: $360,000).
Sales numbers in Central Wellington increased to 49 from 45 in January 2009. (February 2008: 78). The median price eased slightly to $395,000 from $397,500 in January (February 2008: $405,000).
The median price for a Nelson/Marlborough house increased to $323,000 in February (January 2009: $306,000; February 2008: $351,750). 222 houses sold (January 2009: 173; February 2008: 236).
86 houses sold in Nelson City in February (January 2009: 68; February 2008: 86). The median price remained steady at $320,000 (January 2009: $320,000; February 2008: $350,000)
The median price for a Nelson Council zone house increased to $330,000 in February (January 2009: $316,500; February 2008: $355,000). 160 houses sold (January 2009: 114; February 2008: 137).
62 houses sold in Marlborough in February (January 2009: 59; February 2008: 99). The median price rose to $306,000 from $287,500 in January (February 2008: $350,000).
Sales volume was up in Canterbury/Westland with 815 houses sold in February (January 2009: 562; February 2008: 953). The median sale price increased to $290,000 from $285,000 in January (February 2008: $320,000).
The median price for a house in Christchurch City increased to $305,000 in February, from $300,000 in January (February 2008: $330,000). 549 houses sold (January 2009: 379; February 2008: 656).
The median price for a home in Rangiora fell to $264,000 in February (January 2009: $323,000; February 2008: $326,500). Sale numbers increased with 27 houses sold. (January 2009: 20; February 2008: 42).
The median price for a North Canterbury house was up to $260,000 in February, from $247,000 in January (February 2008: $285,000). 27 houses sold, up on the 19 sold in January (February 2008: 23).
The median price for a Canterbury Country home fell to $317,500 in February, from $360,000 in January (February 2008: $399,000). 28 houses sold (January 2009: 30; February 2008: 45).
The number of houses sold in Mid Canterbury in February was up with 53 sales recorded. (January 2009: 45; February 2008: 45). The median price was down at $240,000 from $245,000 in January and $280,000 February 2008.
Sales volume rose in Timaru in February, with 46 houses sold (January 2009: 21; February 2008: 43). The median price decreased to $202,500 in February, from $225,000 in January (February 2008: $218,000).
The median price for a house on the West Coast rose to $225,000 in February from $172,500 in January (February 2008: $204,500). 31 houses sold, up on the 18 sold in January (February 2008: 42).
266 houses sold in Outer Canterbury in February (January 2009: 183; February 2008: 297). The median price fell to $244,000 in February from $259,000 in January (February 2008: $285,000).
76 houses sold in February, down two from the 78 sold in January (February 2008: 99). The median price was also down at $425,000. (January 2009: $457,500; February 2008: $515,000).
The median price for a house in Central Otago fell to $332,000 in February (January 2009: $382,000; February 2008: $378,500). 36 houses sold (January 2009: 35; February 2008: 60).
Sales volume was down three in Queenstown with 40 houses sold in February, compared with the 43 sold in January (February 2008: 39). The median price was also down at $508,000 (January 2009: $560,000; February 2008: $565,000).
265 houses sold in Otago in February, up on the 194 sold in January (February 2008: 334). The median price was also up at $223,000 from $210,000 in January (February 2008: $231,500).
Sales volume was up in North Otago with 30 houses sold (January 2009: 20; February 2008: 58). The median was down at $189,500 from $205,000 in January (February 2008: $202,000).
The median price in Dunedin City increased to $235,000 in February from $231,000 in January (February 2008: $240,000). 212 houses sold (January 2009: 152; February 2008: 244).
The number of sales was down two in South Otago with 15 houses sold (January 2009: 17; February 2008: 29). The median price rose to $135,000 from $120,000 in January (February 2008: $145,000).
Eight houses sold in East Otago in February, with a median price of $180,000 compared with five sales in January with a median of $145,000. (February 2008: three sales with a median of $325,000).
Sales volume was up in Southland with 133 houses sold (January 2009: 111; February 2008: 232). The median price increased to $180,000 from $175,000 in January (February 2008: $201,000).
Sales volume was up in Invercargill at 92 for February (January 2009: 67; February 2008: 150). The median price was steady at $185,000 (January 2009: $185,000; February 2008: $211,000).
The median price for a house in Gore dipped to $129,100 in February from $166,000 in January (February 2008: $168,500). 19 houses sold during the month, compared with the 21 sold in January 2009 (February 2008: 44).
Source: http://www.landlords.co.nz/read-article.php?article_id=3418
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