Wednesday, May 23, 2012
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Sales quantities and prices mixed

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Residential property sale quantities for January in Tauranga, Mount Maunganui and Papamoa are all down on December last year, but up on January 2011.

The latest Real Estate Institute of New Zealand figures show there were 93 sales made in Tauranga in January this year, compared with 66 in January 2011.

It was less, however, than the 108 sold in December.


In the Mount Maunganui and Papamoa combined area, there were 46 properties sold in January; down on 75 in December and up on 44 in January 2011.

The median sale price for the Tauranga properties in January this year was $360,000; up from $315,500 in December and $320,000 in January 2011.

The median sale price for the Mount Maunganui and Papamoa combined area in January was $388,750; down from $418,000 in December and $406,250 in January 2011.

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