For the full report and information on the rest of New Zealand, please visit REINZ or
select here: 11 June 2009 (.pdf Format; 139Kb)
Canterbury/Westland
Sales volume was down in Canterbury/Westland with 955 houses sold in May (April 2009: 965; May 2008:
619). The median sale price decreased to $285,000. (April 2009: $295,000; May 2008: $296,000).
The median price for a house in Christchurch City was down at $306,000 in May, from $317,500 in April (May
2008: $315,000). 609 houses sold (April 2009: 667; May 2008: 392).
The median price for a home in Rangiora decreased to $271,000 in May (April 2009: $274,750; May 2008:
$296,000). Sale numbers were up with 50 houses sold. (April 2009: 36; May 2008: 25).
The median price for a North Canterbury house was up to $289,500 in May, from $281,750 in April (May 2008:
$355,500). 26 houses sold, up two on the 24 sold in April (May 2008: 15).
The median price for a Canterbury Country home dropped to $327,500 in May, from $350,000 in April (May
2008: $395,000). 50 houses sold (April 2009: 54; May 2008: 27).
The number of houses sold in Mid Canterbury in May was up with 51 sales recorded. (April 2009: 47; May
2008: 28). The median price was up at $270,000 from $245,000 in April. (May 2008: $275,000).
Sales volume rose in Timaru in May, with 59 houses sold (April 2009: 50; May 2008: 49). The median price
decreased to $186,000 in May, from $194,000 in April (May 2008: $240,000).
The median price for a house on the West Coast was up at $215,000 in May from $166,500 in April (May
2008: $180,000). 29 houses sold, down on the 32 sold in April (May 2008: 46).
346 houses sold in Outer Canterbury in May (April 2009: 298; May 2008: 227). The median price increased to
$255,000 in May from $249,100 in April (May 2008: $255,250).
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