The average sale price reflects a 3.29% increase on October 2017 to rise from $382,493 to $395,110
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The average sale price reflects a 7.96% increase on September 2017 to rise from $404,962 to $437,1865.
Listings are still on the increase in the market across the South Island increasing from 219-278 (26.9%) for the August 2017 v August 2018 period.
The average house price has increased by around $48K (12.6%) on the same period in 2017 with the July 2018 average sitting at $429,234.
The South Island provincial market is remaining stable at sub $400,000 with the average house price in May 2018 of $390,711.
Licensed under the Real Estate Agents Act 2008
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