REINZ Reported sales by price of Queenstown Residential Homes
Year-to-date January – April 2014 comparing 2013.
| Price Band | % of Total Sales 2014 | % of Total Sales 2013 |
| <$350,000 | 4.1% | 4.9% |
| $351,000 – $450,000 | 4.1% | 11.3% |
| $451,000 – $650,000 | 41.7% | 47.5% |
| $651,000 – $999,000 | 25.8% | 20.9% |
| $1.0m – $2.0m | 17.7% | 10.5% |
| $2.0m plus | 6.6% | 4.9% |
REINZ Reported sales by price covering all property types —
(Homes, Units, Apartments and Townhouses).
Year-to-date January – April 2014 comparing 2013.
| Price Band | % of Total Sales 2014 | % of Total Sales 2013 |
| <$350,000 | 13.3% | 14.9% |
| $351,000 – $450,000 | 14.3% | 18.3% |
| $451,000 – $650,000 | 33.4% | 37.8% |
| $651,000 – $999,000 | 23.1% | 16.8% |
| $1.0m – $1.999m | 11.7% | 8.8% |
| $2.0m plus | 4.2% | 3.4% |
REINZ Reported sales by price of Residential Sections.
Year-to-date January – April 2014 comparing 2013.
| Price Band | % of Total Sales 2014 | % of Total Sales 2013 |
| <$199,000 | 33.7% | 17.5% |
| $200,000 – $299,000 | 19.1% | 38.0% |
| $300,000 – $499,000 | 15.7% | 15.9% |
| $500,000 – $749,000 | 21.4% | 12.7% |
| $750,000 – $999,000 | 6.8% | 4.8% |
| $1.0m – $2.0m | 3.3% | 11.1% |
Queenstown Area Sales by Property Type
Report Period: January – April 2014 comparing 2013.
□ Report compares aggregated sales for the calendar year 2012 v 2011
□ REINZ reported sales. Private / Developer direct sales not included.
| Property Type | Jan -April 2014 | Jan -April 2013 | Variance +/- |
| Residential Dwellings (RD) | 120 sales | 143sales | -16.0% |
| RD Median Sell Price | $656,000 | $585,000 | +12.1% |
| Apartments (A) | 26 sales | 25 sales | +4.0% |
| A Median Sell Price | $445,000 | $360,000 | +23.6% |
| Units (U) | 38 sales | 36 sales | +5.5% |
| U Median Sell Price | $427,500 | $377,500 | +13.2% |
| Townhouses (TH) | 11 sales | 10 sales | +10.0% |
| TH Median Sell Price | $465,000 | $457,500 | +1.6% |
| Residential Sections (RS) | 89 sales | 63 sales | +41.2% |
| RS Median Sell Price | $280,000 | $270,000 | +3.7% |
| Rural (R) | 19 sales | 7 sales | +11.7% |
| R Median Sell Price | $830,000 | $700,000 | +18.5% |
| Total Sales Numbers | 303 sales | 284sales | +6.2% |
| Value of Sales $ | $196,240,382 | $171,349,037 | +14.5% |
Data Source: REINZ. Private sales data not included.
Disclaimer: While every effort has been made to ensure the information contained herewith is true, no responsibility will be taken for errors or omissions. You should seek your own independent advice from your legal, taxation and financial consultant prior to purchase.
Feature Property this month: Lot 4095/ 50 Jack’s Point Rise / View online here.
Steve Lindsay 