For the full report and information on the rest of New Zealand, please visit REINZ or
select here: 14 October 2009, (.pdf Format; 136Kb)
Canterbury/Westland
Sales volume was up in Canterbury/Westland with 921 houses sold in September (August 2009: 885;
September 2008: 677). The median sale price decreased to $311,500. (August 2009: $295,000; September
2008: $290,000).
The median price for a house in Christchurch City was up at $331,000 in August, from $316,500 in August
(September 2008: $312,250). 618 houses sold (August 2009: 600; September 2008: 436).
The median price for a home in Rangiora increased to $324,900 in September (August 2009: $283,000;
September 2008: $296,750). Sale numbers were up with 38 houses sold. (August 2009: 37; September 2008:
32).
The median price for a North Canterbury house was down to $270,000 in September, from $336,000 in
August (September 2008: $233,000). 29 houses sold, up slightly on the 27 sold in August (September 2008:
15).
The median price for a Canterbury Country home increased to $390,000 in September, from $360,000 in
August (September 2008: $375,000). 49 houses sold (August 2009: 37; September 2008: 38).
The number of houses sold in Mid Canterbury in September was up with 41 sales recorded. (August 2009:
39; September 2008: 45). The median price was up at $237,000 from $232,000 in August. (September 2008:
$251,800).
Sales volume was down in Timaru in September, with 56 houses sold (August 2009: 58; September 2008: 40).
The median price decreased to $218,500 in September, from $232,500 in August (September 2008:
$252,500).
The median price for a house on the West Coast was up at $185,000 in September from $165,000 in August
(September 2008: $175,000). 37 houses sold, up on the 32 sold in August (September 2008: 30).
303 houses sold in Outer Canterbury in September (August 2009: 285; September 2008: 241). The median
price was down at $255,000 in September (August 2009: $260,000; September 2008: $255,000).
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