Residential Sales Statistics – April 2016

Market Commentary

“The Otago region hit a new record high in April driven by strong demand from first home buyers worried about missing out and investors seeking better yields on their investments. Demand is coming both from locals and New Zealanders returning to the region from overseas. Demand from Auckland investors is also noticeable.” – REINZ

Median Price
Dunedin $315,000
North Otago $239,000
South Otago $137,500
Otago $284,000

Residential Sale Price Medians - April 2016
National Medians - April 2016

Leave a Reply