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News
Regional housing market
Monday, 24 November 2008
• Howick and Pakuranga Times
THE past 10 years’ Auckland regional housing market at a glance, as at
October’s figures.
Source: Real Estate Institute of New Zealand.
Manukau City
Dwelling median price
2004 $320,000
2007 $447,000
2008 $416,000
Percentage change 2007 to 2008 -7%
Dwelling numbers sold
2004 579
2005 687
2007 483
2008 281
Percentage change 2007 to 2008 -42%
Auckland region
Dwelling median price
1999 $232,000
2007 $445,000
2008 $433,000
Percentage change 2007 to 2008 -3%
Dwelling sales volumes
1999 1909
2003 3666
2004 2667
2007 2240
2008 1371
Percentage change 2007 to 2008 -39%
Median days to sell
1999 40
2003 23
2007 31
2008 41
Percentage change 2007 to 2008 +24%
National sales distribution-price band
Under $400,000
2006 5935
2007 4175
2008 2892
Percentage change 2007 to 2008 -31%
$400,000-$599,000
2006 1983
2007 1703
2008 1070
Percentage change 2007 to 2008 -37%
$600,000-$999,999
2006 741
2007 757
2008 392
Percentage change 2007 to 2008 -48%
$1 million and over
2006 198
2007 219
2008 115
Percentage change 2007 to 2008 -47%
Related Links
Read also: Statistics prove market slump