3 2021
Manawatu/Wanganui Regional Commentary
Compared to July 2020 • Median Price up 31.8% • Sales Count down 21.4% • Days to Sell increased 4 days Compared to June 2021 • Median Price is the same • Seasonally adjusted median price down 0.2% • Sales Count up 0.6% • Seasonally adjusted sales count up 2.1% • Days to Sell increased 4 days. The current Days to Sell of 32 days is much less than the 10year average for July which is 42 days. There were 8 weeks of inventory in July 2021 which is 2 weeks less than the same time last year.
Manawatu/Wanganui Region Trends PRICE
VOLUMES
RECORD MEDIAN PRICE
Horowhenua District Manawatu District Palmerston North City Rangitikei District Ruapehu District Tararua District Whanganui District Manawatu/Wanganui Region Horowhenua District Manawatu District Palmerston North City Rangitikei District Ruapehu District Tararua District Whanganui District Manawatu/Wanganui Region
DAYS TO SELL
OVERALL
Jul-21 570,000 629,000 678,000 520,000 360,000 445,000 520,000 580,000
Jun-21 581,200 600,000 662,000 461,800 350,000 420,000 490,000 580,000
Jul-20 450,000 525,000 508,000 317,000 263,000 279,500 363,000 440,000
Jul-21 55 38 128 28 18 26 55 348
Jun-21 51 34 133 17 13 20 78 346
Jul-20 75 56 146 17 26 31 92 443
Vs…
Jun-21 -1.9% 4.8% 2.4% 12.6% 2.9% 6.0% 6.1% 0.0%
Jul-20 26.7% 19.8% 33.5% 64.0% 36.9% 59.2% 43.3% 31.8%
Vs…
Jun-21 7.8% 11.8% -3.8% 64.7% 38.5% 30.0% -29.5% 0.6%
Jul-20 -26.7% -32.1% -12.3% 64.7% -30.8% -16.1% -40.2% -21.4%
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