For the full report and information on the rest of New Zealand, please visit REINZ or
select here: 18 January 2012, (.pdf Format; 217Kb)
Canterbury/Westland
| | Median | Number Sold |
| | Dec-11 | Nov-11 | Dec-10 | Dec-11 | Nov-11 | Dec-10 |
| Christchurch City | $346,000 | $355,000 | $330,500 | 487 | 470 | 426 |
| Rangiora | $349,288 | $397,500 | $327,500 | 36 | 40 | 24 |
| North Canterbury | $310,000 | $348,500 | $285,000 | 41 | 40 | 10 |
| Mid Canterbury | $255,000 | $250,000 | $213,500 | 35 | 43 | 18 |
| Timaru | $250,000 | $225,000 | $215,000 | 49 | 52 | 47 |
| South Canterbury | $195,000 | $210,000 | $207,500 | 29 | 41 | 34 |
| West Coast | $215,750 | $198,000 | $196,000 | 42 | 45 | 37 |
| Canterbury / Westland | $325,000
| $335,000 | $305,000
| 787
| 816
| 637
|
| | | | | | | |
| | Dec-11 vs ... | Nov-11 | Dec-10 | Dec-11 vs ... | Nov-11 | Dec-10 |
| Christchurch City | -2.5% | 4.7% | 3.6% | 14.3% |
| Rangiora | -12.1% | 6.7% | -10.1% | 50.0% |
| North Canterbury | -11.0% | 8.8% | 2.5% | 310.0% |
| Mid Canterbury | 2.0% | 19.4% | -18.6% | 94.4% |
| Timaru | 11.1% | 16.3% | -5.8% | 4.3% |
| South Canterbury | -7.1% | -6.0% | -29.3% | -14.7% |
| West Coast | 9.0% | 10.1% | -6.7% | 13.5% |
| Canterbury / Westland | -3.0% | 6.6% | -3.6% | 23.5% |
Compared to December 2010 sales volume was up in all parts of the region other than South
Canterbury, with Rangiora, North and Mid Canterbury all reporting substantial increases in sales
volume; due no doubt to earthquake related relocations. Christchurch City has also seen an increase
in sales volume with 14% more sales in December compared to 12 months ago. Sales volume across
the Canterbury/Westland region eased in December compared to November, although far more
modestly than most regions in New Zealand.
The region saw a 6.6% increase in the median price ($20,000) compared to December 2010, with
most of the increase coming from Mid Canterbury, Timaru and West Coast. The increase in median
price in Christchurch City has been relatively modest in comparison.
The number of days to sell for Canterbury/Westland improved by two days to 29 days in December,
compared to 31 days in November, and improved by seven days compared to December 2010.
RSS | About REN
