New Zealand’s largest real estate agency sold almost a third more homes in September than it did in the same month last year.
Harcourts sold 2316 homes last month, which was 32% more than the 1756 homes it sold in September last year, and 11% more than it sold in August (see table below).
It’s average selling price in September was $539,961 compared with $513,608 in August and $473,784 in September last year, giving an annual increase of 14%.
However the number of homes the agency sold in the Auckland/Northland market has not increased beyond the levels achieved over winter and has fallen slightly for two months in row.
In Auckland/Northland the agency sold 641 homes in June, 668 in July, 646 in August and 636 in September, although that was still up by 10% compared to the 576 it sold in September last year.
The average selling price in Auckland/Northland last month was $841,502, which was up 23% compared to September last year.
|September 2015||August 2015||July 2015||September 2014|
|Number of sales||636||646||668||576|
|Average selling price||$841,502||$817,580||$828,009||$683,101|
Referenced from http://www.interest.co.nz