YOUR HOUSE
Median sale prices are a mixed bag across the country, with the national median sale price staying at $795,000, the latest REINZ data show.
Year-on-year, there is a slight national decline of 2.8 per cent, while Auckland is down by 4.7 per cent to $691,000 from $725,000.
Median sales prices year-on-year increased for several regions, with Tasman (+2.0 per cent), West Coast (+2.6 per cent), Canterbury (+3.2 per cent), and Southland (+2.4 per cent). There has been a drop in median sales prices across all other regions year-on-year this month.
Sales have been steady month-onmonth, with a small 2.5 per cent drop from 5,762 to 5,619, and an 8 per cent increase from 5,205 to 5,619 compared to October 2022. For New Zealand, excluding Auckland, the total number of properties sold has followed a similar pattern, dropping 2.2 per cent monthon-month and increasing 2.6 per cent year-on-year from 3,573 to 3,665.
Across the regions, 12 out of the 16 had an increase in the number of properties sold year-on-year, with Northland at +36.1 per cent, and Southland at +29.6 per cent the biggest increases.
Days to sell has declined year-on-year by three days for New Zealand to 37, and by two
