The Taupo Real Estate Market Report – The Bayleys Taupo Difference
 

October 2019

 

October proved to be a very positive month in the local real estate market, with positive outcomes across all segments. A total of 76 housing sales were recorded together with 25 section sales. The monthly moving median for houses rose sharply to $560,000 on an annual moving median of $519,041. Also worthy of note was the significant decrease in median days to sell, moving from 77days the previous month to 39 days in October. As we approach half way through November a similar trend would appear to be evolving as we approach the first month of summer..

(Source REINZ Statistics)

 
 
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251

Number of sales in the last 3 months (200 Houses 51 Sections)
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4.17

Average sale price increased Annual moving median Oct 2018 - Oct 2019
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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%