Harcourts had a big lift in sales last month but the Auckland market has been flat for several months

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.

Harcourts Dwelling Sales September 2015
September 2015 August 2015 July 2015 September 2014
 New listings 798 829 647 671
 Total inventory 1660 1624 1443 1771
 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


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