The Taupo real estate
market report
Where do our buyers come from?
Want to know where our buyers are coming from? See the breakdown by region in a graphic below.
Suburb statistics
Want to see the average house price in each Taupo suburb? Or are you just curious to see how your suburb is doing right now?
Monthly market report
See how property is performing as a whole in Taupo, even taking a look back at how the past month compares to the same month last year.
Where do our buyers come from?
Period: January 2023 to December 2023
Suburb statistics
*Source REINZ Statistics September 2023 - February 2024
Acacia Bay
Number of houses sold
25
Average house sale price
$1,265,784
Number of sections sold
11
Average section sale price
$335,090
Nukuhau
Number of houses sold
44
Average house sale price
$976,647
Number of sections sold
3
Average section sale price
$790,942
Rangatira Park
Number of houses sold
17
Average house sale price
$1,079,323
Number of sections sold
-
Average section sale price
-
Taupo Central
Number of houses sold
64
Average house sale price
$888,307
Number of sections sold
-
Average section sale price
-
Hilltop
Number of houses sold
17
Average house sale price
$803,031
Number of sections sold
-
Section sale price
-
Tauhara
Number of houses sold
58
Average house sale price
$587,625
Number of sections sold
1
Average section sale price
$343,000
Richmond Heights
Number of houses sold
24
Average house sale price
$822,520
Number of sections sold
-
Average section sale price
-
Two Mile Bay
Number of houses sold
6
Average house sale price
$898,166
Number of sections sold
3
Average section sale price
$833,333
Waipahihi
Number of houses sold
19
Average house sale price
$1,155,026
Number of sections sold
-
Average section sale price
-
Wharewaka
Number of houses sold
19
Average house sale price
$1,216,815
Number of sections sold
21
Average section sale price
$373,259
Mangakino
Number of houses sold
2
Average house sale price
$463,750
Number of sections sold
1
Average section sale price
$385,000
Rainbow Point
Number of houses sold
3
Average house sale price
$2,311,666
Waitahanui
Number of houses sold
4
Average house sale price
$1,518,750
Kinloch
Number of houses sold
23
Average house sale price
$1,214,260
Number of sections sold
13
Average section sale price
$541,307
March 2024
The positive trend from the beginning of the new year continued into early Autumn with 71 housing sales recorded, the highest single monthly figure sine November 2021.
Both the Monthly Median and the Annual Moving Median edged higher to stand at $880,000 and $855,326 respectively.
It was not surprising therefore to see some 25 sales recorded greater than $1.00m, 6 of which were in excess of $2.00m.
As we approach mid to late April, the region has enjoyed a buoyant Easter break, with promise of a huge influx for the forthcoming V8 Super Cars event later this month.
183 sold
Number of Residential houses sold in the last 3 months
(January 2024 - March 2024)
2.15% decrease
Average sale price decreased. Annual moving median
(March 2023 - March 2024)
53 days
Median days on the market (houses incl. Turangi)