Hawera house sales show a healthy price lift

19:46, Dec 10 2012

New Plymouth houses sold for $14,000 less in November than they did in October while Hawera homes went for $30,000 more in the month-to-month comparison.

Real Estate Institute of New Zealand figures show the median price for the 94 New Plymouth houses sold in November was $309,600, down from $323,740 for the 90 sold in October.

In Hawera the median price for the 25 sold in November was $205,000. The month before the median price was $175,000 and the 29 houses sold then were on the market an average 58 days as opposed to 15 days in November.

In Bell Block 15 houses sold for a median of $408,000 in November while in the same month last year 12 houses sold for a median price of $321,000.

Overall, Taranaki's median houses prices of $266,500 was $6,000 less than the same month last year and on par with November 2006 and 2010.

Across the province $65.8 million worth of residential property was sold in November.

Across the country the median November house price was $383,250 with Auckland the most expensive at $540,000 and Southland the least at $197,500.

Second most expensive district in which to buy a house was Central Otago Lakes at $425,000 followed by Wellington at $405,000.

Mt Eden/Epsom in Auckland takes the prize as New Zealand's most expensive suburb last month with the median house price for the 129 properties sold just $50,000 short of $1m.


Taranaki Daily News