For the full report and information on the rest of New Zealand, please visit REINZ or
select here: 15 June 2010, (.pdf Format; 107Kb)
Canterbury/Westland
At $303,750 the median price in the Canterbury/Westland district is down on the April median of $310,000 but a rise on the same month last year (May 2009: $285,000). From 742 in April, sales declined to 726 last month (May 2009: 955).
The median price for a house in Christchurch City decreased to $323,750 from $330,000 in April (May 2009: $306,000). Sales were down to 492 from 511 in April (May 2009: 609).
The median price for a home in Rangiora dipped from $304,775 in April to $277,500 in May (May 2009: $271,000). Sales were up to 30 compared with 24 residential properties sold in April (May 2009: 50).
The median price for a North Canterbury house declined from $297,250 in April to $240,000 last month (May 2009: $289,500). 17 sold in May, down one on 18 sold in April (May 2009: 26).
The median price for a Canterbury Country home fell to $371,250 from $387,500 in April (May 2009: $327,500). Sales were up with 42 houses sold compared with the 34 sold in April (May 2009: 50).
The median price of houses sold in Mid-Canterbury increased to $260,000 from $240,000 in April (May 2009: $270,000). And the number of houses sold increased from 25 in April to 31 sales last month (May 2009: 51)
The median price for Timaru dropped to $210,000 from $244,000 in April (May 2009: $186,000). With 39 properties sold the sales volume in Timaru was down on the 59 sold in April (May 2009: 59).
The median price for a house on the West Coast decreased to $170,000 from $225,000 in April (May 2009: $215,000). Sales totalled 29, down one on the 30 houses sold in April (May 2009: 29).
In Outer Canterbury 234 houses sold last month, up on the 231 sales in April (May 2009: 346). At $255,000 the median price was down on the April figure of $265,000 (May 2009: $255,000).
RSS | About Us | Policy
