For the full report and information on the rest of New Zealand, please visit REINZ or
select here: 14 August 2009, (.pdf Format; 137Kb)
Canterbury/Westland
Sales volume was up in Canterbury/Westland with 905 houses sold in July (June 2009: 889; July 2008: 675).
The median sale price increased to $297,000. (June 2009: $295,000; July 2008: $300,000).
The median price for a house in Christchurch City was down at $310,000 in July, from $312,500 in June (July
2008: $316,500). 628 houses sold (June 2009: 601; July 2008: 481).
The median price for a home in Rangiora remained steady at $272,500 in July (June 2009: $272,500; July
2008: $290,000). Sale numbers were up with 38 houses sold. (June 2009: 32; July 2008: 20).
The median price for a North Canterbury house was up to $315,000 in July, from $300,000 in June (July 2008:
$247,500). 29 houses sold, up on the 24 sold in June (July 2008: 14).
The median price for a Canterbury Country home rose to $389,000 in July, from $373,000 in June (July 2008:
$335,000). 41 houses sold (June 2009: 47; July 2008: 47).
The number of houses sold in Mid Canterbury in July was down with 32 sales recorded. (June 2009: 42; July
2008: 29). The median price was up at $266,000 from $246,000 in June. (July 2008: $257,000).
Sales volume was down in Timaru in July, with 48 houses sold (June 2009: 59; July 2008: 29). The median
price decreased to $226,410 in July, from $237,500 in June (July 2008: $230,000).
The median price for a house on the West Coast was up at $223,000 in July from $205,000 in June (July
2008: $191,500). 31 houses sold, up one on the 30 sold in June (July 2008: 30).
277 houses sold in Outer Canterbury in July (June 2009: 288; July 2008: 194). The median price was up at
$270,000 in July (June 2009: $255,250; July 2008: $263,000).
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