The Taupo Real Estate Market Report – The Bayleys Taupo Difference
 

July 2019

 

Another consistently steady month in the local real estate market with 44 house sales recorded on a monthly moving median of $501,000 and an annual moving median of $515,333, representing an increase from the same period recorded last year. A further 17 section sales were recorded as one of the last stages within a Kinloch development gained title, providing a monthly median of $225,000 on an annual moving median for sections of $249,764. A slight lift in sales recorded from June, with a noticeable reduction in days on market to 40 days from 48 days recorded in June. With Spring just around the corner, we traditionally see another lift in both sales numbers recorded and new listings on market.

(Source REINZ Statistics)

 
 

254

Number of sales in the last 3 months (166 Houses 88 Sections)

2.55%

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

40

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%