The Taupo Real Estate Market Report – The Bayleys Taupo Difference
 

September 2019

 

The advent of the new season produced another solid result in the local real estate market, albeit with some ups and downs across the data. A total of 65 housing sales were recorded, with a further ten section sales. Whilst the number of houses sold increased on the previous month, the median days to sell slipped from 52 days to 77. Both the monthly median and the annual moving median for houses rose slightly, standing at $530,000 and $516,416 respectively. The early indications are that the October reporting will continue in a similarly positive vein.

(Source REINZ Statistics)

 
 
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211

Number of sales in the last 3 months (168 Houses 43Sections)
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5.15%

Average sale price increased Annual moving median Sep 2018 - Sep 2019
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77

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%