The Taupo Real Estate Market Report – The Bayleys Taupo Difference
 

February 2020

 

High summer witnessed a very busy local market place with some 71 recorded housing sales together with 31 unconditional section sales. Whilst the monthly median price point eased off the previous month’s spike, the annual moving median remained steady at $546, 500, some 9% ahead of the same time last year. As mentioned month section sales were buoyed by the issue of title in stage 4 Wharewaka East, with a total of 31 section sales across the market were recorded. As we write, the world is coming to grips with a global pandemic, the impact and duration of which nobody can accurately predict, so I dare say let’s stay safe and carry on!

(Source REINZ Statistics)

 
 
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243

Number of sales in the last 3 months (195 Houses 48 Sections)
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9.34%

Average sale price increased Annual moving median Feb 2019 - Feb 2020
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43

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%