Residential Sales Statistics – August 2016

Market Commentary

“The very low number of days to sell for August indicates that the market continues to be very tight with just over 10 weeks of supply and continuing demand from first home buyers in particular. Investors have stepped away from the market a bit while they digest the forthcoming changes to the LVR rules.” – REINZ

Median Price
Dunedin $325,000
North Otago $250,000
South Otago $172,500
Otago $285,000

Residential Statistics - August 2016

Residential Statistics - August 2016

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