Howick and Pakuranga Times
Botany and Ormiston Times : Howick and Botany Times, Wednesday, April 17, 2013
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It also includes great giveaways, competitions and a comprehensive directory of products, services and more. The ultimate online resource for the gardening community Top end prices buoyant THE most critical factor in the super-city’s residential real estate price increases in March was the number of houses that sold for more than $1 million, especially in eastern and central Auckland and the North Shore beach suburbs. Peter Thompson, managing director of real estate company Barfoot & Thompson says 13 per cent of all the company’s sales were for more than $1 million compared with 8.5 per cent last year, the highest number in a month for close to 10 years. Eastern Beaches median price in March was $675,000, up 15 per cent on the same time last year while dwelling numbers sold were up four per cent to 258 from 248, according to Real Estate Institute of New Zealand figures. It took the same number of days (30) to sell a house in Eastern Beaches as in March 2012. Supply shortages continue to be the main factor in the Auckland market with prices and number of sales reaching new record highs, says Helen O’Sullivan, REINZ chief executive. “The Auckland market continues to lead the rest of New Zealand in terms of price increases and sales volume, with strong price and volume growth in most areas, albeit with relative softness in the southern and outer parts of the city,” she says. The number of properties on the market remains limited in Auckland, says Jonno Ingerson, QV research director. “This has constrained the number of sales at a time when buyers have generally shown more confidence and have been keen to purchase.” Kerry Stewart, QV operations manager says the lack of listings has worsened over the past month as people start to hold onto their properties more, especially in the wake of the release of Auckland Council’s draft unitary plan. “Many buyers are also starting to feel that house prices are unreasonable and are waiting it out to see if houses become more affordable.” Our Homes TODAY Eastern Beaches Dwelling median price 2004 $403,500 2010 $551,667 2012 $587,500 2013 $675,000 Percentage change 2012 to 2013 +15% Dwelling numbers sold 2004 264 2008 131 2012 248 2013 258 Percentage change 2012 to 2013 +4% Median days to sell 2004 29 2011 38 2012 30 2013 30 Percentage change 2012 to 2013 — Auckland Region Dwelling median price 2004 $318,000 2012 $495,000 2013 $562,000 Percentage change 2012 to 2013 +14% Dwelling sales volumes 2004 3942 2008 1621 2012 2848 2013 3359 Percentage change 2012 to 2013 +18% National sales distribution-price band Under $400,000 2011 3283 2012 4085 2013 4042 Percentage change 2012 to 2013 -1% $400,000-$599,000 2011 1530 2012 1878 2013 2117 Percentage change 2012 to 2013 +13% $600,000-$999,999 2011 785 2012 1057 2013 1477 Percentage change 2012 to 2013 +40% $1 million and over 2011 250 2012 310 2013 492 Percentage change 2012 to 2013 +59% Regional housing market THE past 10 years’ Auckland regional housing market at a glance, as at March’s figures. WHO’S INCLUDED: The Eastern Beaches area includes Beachlands, Botany Downs, Bucklands Beach, Cockle Bay, Dannemora, East Tamaki Heights, Eastern Beach, Edgewater, Farm Cove, Half Moon Bay, Highland Park, Howick, Lloyd Elsmore Park, Maraetai Beach, Mellons Bay, Northpark, Pakuranga, Shelly Park, Sunnyhills and Whitford.
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