The Taupō real estate market report
Where do our buyers come from?
Local 52%
Auckland 16%
Bay of Plenty 14%
Manawatu 4%
Wellington 4%
Waikato 3%
Hawke's Bay 4%
Other 3%
South Island 1%
Taranaki 1%
*Period: January 2022 to December 2022
September 2023
The arrival of Spring saw September yield 45 residential dwelling sales, very much in line with recent monthly trends.
The Annual Moving Median rose slightly from the previous month to stand at $835,541 on a Monthly Median of $850,000, the latter increasing by some $90,000 on the August figure.
Also worthy of note is the decrease in Annual Moving Median, where the trend is reverting toward positive growth, albeit on a gradual basis.
The local market was further augmented by some 15 section sales, resulting in an Annual Moving Median of $478,913 from a Monthly Median of $600,000.
As we write, a new government will be sworn- in over the next month or so, and so again watch this space for an uptake in enquiry and confirmed sales.
(Source REINZ)
62 sold
Number of Residential houses sold in the last month
5.37% decrease
Average sale price increased. Annual moving median
August 2022 - August 2023
36 days
Median days on the market (houses incl. Turangi)
