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House sale prices rising

Last updated 05:00 14/12/2012

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The average price paid for homes in the Eastern Courier's circulation area has increased by $69,000 to $640,000 in the past 12 months.

"It represent an increase of 12 per cent for the year, and is among the largest price gains in percentage terms for any area in Auckland," Barfoot & Thompson managing director Peter Thompson says.

"Sales values achieved in November remained high with the average selling price being $655,000. November's high average selling price was lifted through one home selling for in excess of $2.5 million and another for in excess of $1m. The number of homes sold also increased significantly in the past 12 months, with sales up year on year by 32 per cent."

Suburbs of greatest sales in November were Dannemora, Pakuranga and Howick.

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- Eastern Courier

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