The Taupo Real Estate Market Report – The Bayleys Taupo Difference
 

March 2019

 

The Taupo market continued to gain momentum through March, with 71 house sales recorded during the month, together with 19 section sales confirmed as a further batch of new titles were confirmed. The monthly moving median for houses eased slightly to $540,000 whilst the annual moving median stood at $510,508, with the median days to sell dropping to 39 days. Section data for the month was skewed by the release of new title, where the monthly median was recorded at $233,590 on an annual moving median of $230,434. As we approach the Easter break, activity levels appear to be continuing in a similar vein, with the $400- $700k price band accounting for over 50% of the total market.

(Source REINZ Statistics)

 
 

238

Number of sales in the last 3 months (201 Houses 37 Sections)

8.87%

Average sale price increased Annual moving median March 2018 - March 2019

39

Median days on the market (Houses incl Turangi)
 

Where do our buyers come from?

Period: 1 January 2018 to 1 January 2019

 
  • Local 49%49%
  • Auckland 18%18%
  • Bay Of Plenty 7%7%
  • Hawkes Bay 4%4%
  • Waikato 8%8%
  • Manawatu 3%3%
  • Taranaki 1%1%
  • Wellington 4%4%
  • South Island 1%1%
  • Overseas Buyers 5%5%