The April 2024 statistics from The Real Estate institute of New Zealand (REINZ) have been released, showing an increase in sales throughout most regions, compared to April 2023 which saw many regions affected by severe weather events.
In the Bay of Plenty, the median sale price is the same as April 2023, at $820,000. First home buyers and owner occupiers continue to be the most active buyer groups throughout the region.
The Waikato region also reported the same median sale price as April 2023, at $745,000. Local agents reported that many vendors seem prepared to meet market expectation, and open home attendance levels have remained steady.
In Northland, the median sale price decreased -1.4% year-on-year to $690,000. The volume of sales for the region increased 36.6% year on year with 154 sales recorded for April.
For more information on the market activity across our regions, download the full reports below:
Download the Bay of Plenty Market Update
My EVES property