Queenstown Area Sales by Property Type
Report Period: January- May 2015 comparing January- May 2014
□ Report compares aggregated sales
□ REINZ reported sales. Private / Developer direct sales not included.
| Property Type | Jan –May 2015 | Jan –May 2014 | Variance +/- |
| Residential Dwellings (RD) | 190 sales | 152 sales | +25.0% |
| RD Median Sell Price | $735,000 | $650,000 | +13.0% |
| Apartments (A) | 43 sales | 31 sales | +38.7% |
| A Median Sell Price | $400,000 | $420,000 | -4.7% |
| Units (U) | 50 sales | 42 sales | +19.0% |
| U Median Sell Price | $462,000 | $435,500 | +6.0% |
| Townhouses (TH) | 24 sales | 14 sales | +71.4% |
| TH Median Sell Price | $614,250 | $490,000 | +25.3% |
| Residential Sections (RS) | 61 sales | 94 sales | -35.1% |
| RS Median Sell Price | $280,000 | $265,500 | +5.4% |
| Rural (R) | 25 sales | 26 sales | -3.8% |
| R Median Sell Price | $920,000 | $825,000 | +11.5% |
| Total Sales Numbers | 393 sales | 359 sales | +9.4% |
| Value of Sales $ | $283,802,682 | $233,320,452 | +21.6% |
REINZ Reported sales by price of Queenstown Residential Homes
Year-to-date January- May 2015 comparing January- May 2014
| Price Band | % of Total Sales 2015 | % of Total Sales 2014 |
| <$350,000 | 4.7% | 4.6% |
| $351,000 – $450,000 | 2.6% | 5.4% |
| $451,000 – $650,000 | 30.0% | 40.6% |
| $651,000 – $999,000 | 42.3% | 26.3% |
| $1.0m – $1.999m | 16.8% | 17.7% |
| $2.0m plus | 3.6% | 5.4% |
REINZ Reported sales by price covering all property types —
(Homes, Units, Apartments and Townhouses).
Year-to-date January- May 2015 comparing January-May 2014
| Price Band | % of Total Sales 2015 | % of Total Sales 2014 |
| <$350,000 | 10.0% | 12.5% |
| $351,000 – $450,000 | 12.9% | 14.3% |
| $451,000 – $650,000 | 30.2% | 34.7% |
| $651,000 – $999,000 | 32.8% | 23.o% |
| $1.0m – $1.999m | 11.7% | 12.2% |
| $2.0m plus | 2.4% | 3.3% |
REINZ Reported sales by price of Residential Sections.
Year-to-date January- May 2015 comparing January-May 2014
| Price Band | % of Total Sales 2015 | % of Total Sales 2014 |
| <$199,000 | 27.8% | 32.9% |
| $200,000 – $299,000 | 26.3% | 21.2% |
| $300,000 – $499,000 | 26.3% | 19.5% |
| $500,000 – $749,000 | 4.9% | 15.9% |
| $750,000 – $999,000 | 11.4% | 6.3% |
| $1.0m – $2.0m | 3.3% | 4.2% |
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 