Latest Sales by Property Type- December 2014 comparing December 2013
| Type | December 2014 | December 2013 | |
| Number of sales | Residential Dwellings | 29 | 29 |
| Apartments | 11 | 10 | |
| Units | 2 | 9 | |
| Townhouses | 7 | 4 | |
| Sections / Vacant | 13 | 3 | |
| Rural Lifestyle | 1 | 2 | |
| TOTAL | 63 | 57 |
REINZ Reported sales by price of Queenstown Residential Homes
Year-to-date January- December 2014 comparing 2013.
| Price Band | % of Total Sales 2014 | % of Total Sales 2013 |
| <$350,000 | 5.8% | 4.2% |
| $351,000 – $450,000 | 6.8% | 9.5% |
| $451,000 – $650,000 | 35.7% | 44.4% |
| $651,000 – $999,000 | 31.3% | 27.2% |
| $1.0m – $1.999m | 14.9% | 10.4% |
| $2.0m plus | 5.5% | 4.3% |
REINZ Reported sales by price covering all property types —
(Homes, Units, Apartments and Townhouses).
Year-to-date January- December 2014 comparing 2013.
| Price Band | % of Total Sales 2014 | % of Total Sales 2013 |
| <$350,000 | 13.7% | 15.0% |
| $351,000 – $450,000 | 14.3% | 18.6% |
| $451,000 – $650,000 | 33.9% | 35.3% |
| $651,000 – $999,000 | 24.2% | 21.2% |
| $1.0m – $1.999m | 10.4% | 7.3% |
| $2.0m plus | 3.5% | 2.6% |
REINZ Reported sales by price of Residential Sections.
Year-to-date January – December 2014 comparing 2013.
| Price Band | % of Total Sales 2014 | % of Total Sales 2013 |
| <$199,000 | 33.9% | 20.1% |
| $200,000 – $299,000 | 24.4% | 35.8% |
| $300,000 – $499,000 | 20.2% | 18.3% |
| $500,000 – $749,000 | 12.6% | 13.9% |
| $750,000 – $999,000 | 6.3% | 5.0% |
| $1.0m – $2.0m | 2.6% | 6.9% |
Queenstown Area Sales by Property Type
Report Period: January–December 2014 comparing 2013.
□ Report compares aggregated sales for the calendar year 2014 v 2013
□ REINZ reported sales. Private / Developer direct sales not included.
| Property Type | Jan –December 2014 | Jan –December 2013 | Variance +/- |
| Residential Dwellings (RD) | 342 sales | 365 sales | – 6.3% |
| RD Median Sell Price | $661,000 | $615,000 | +7.4 % |
| Apartments (A) | 94 sales | 85 sales | +10.5 % |
| A Median Sell Price | $447,500 | $405,000 | +10.4% |
| Units (U) | 85 sales | 106 sales | -19.8% |
| U Median Sell Price | $435,000 | $385,000 | +12.9 % |
| Townhouses (TH) | 35 sales | 41 sales | -14.6 % |
| TH Median Sell Price | $465,000 | $420.000 | +10.7% |
| Residential Sections (RS) | 189 sales | 159 sales | +18.8 % |
| RS Median Sell Price | $265,000 | $260,000 | +1.9% |
| Rural (R) | 56 sales | 39 sales | +43.5% |
| R Median Sell Price | $977,500 | $900,000 | +10.8% |
| Total Sales Numbers | 801 sales | 795 sales | +0.75% |
| Value of Sales $ | $527,889,404 | $497,332,670 | +6.1 % |
Data Source: REINZ. Private & Developer direct 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.
Steve Lindsay 