For the full report and information on the rest of New Zealand, please visit REINZ or
select here: 14 November 2009 (.pdf Format; 115Kb)
Canterbury/Westland
Sales volume was up in Canterbury/Westland with 980 houses sold in October (September 2009: 921;
October 2008: 740). The median sale price eased back to $310,000. (September 2009: $311,500; October
2008: $292,000).
The median price for a house in Christchurch City was down slightly at $330,000 in September, from $331,000
in September (October 2008: $310,000). 654 houses sold (September 2009: 618; October 2008: 489).
The median price for a home in Rangiora decreased to $279,000 in October (September 2009: $324,900;
October 2008: $295,000). Sale numbers were down with 34 houses sold. (September 2009: 38; October 2008:
37).
The median price for a North Canterbury house was up to $289,500 in October, from $270,000 in September
(October 2008: $310,000). 38 houses sold, up on the 29 sold in September (October 2008: nine).
The median price for a Canterbury Country home decreased to $368,000 in October, from $390,000 in
September (October 2008: $350,000). 43 houses sold (September 2009: 49; October 2008: 39).
The number of houses sold in Mid Canterbury in October was up with 55 sales recorded. (September 2009:
41; October 2008: 29). The median price was up at $254,000 from $237,000 in September. (October 2008:
$265,000).
Sales volume was up in Timaru in October, with 59 houses sold (September 2009: 56; October 2008: 53). The
median price increased to $239,500 in October, from $218,500 in September (October 2008: $243,000).
The median price for a house on the West Coast was down at $180,000 in October from $185,000 in
September (October 2008: $202,000). 39 houses sold, up on the 37 sold in September (October 2008: 28).
326 houses sold in Outer Canterbury in October (September 2009: 303; October 2008: 251). The median
price was up at $265,000 in October (September 2009: $255,000; October 2008: $252,000).
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