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REINZ on Manawatu/Whanganui .....................................2
Manawatu/Wanganui
Regional Commentary Compared to July 2020
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• 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 DAYS TO SELL OVERALL
RECORD MEDIAN PRICE
Jul-21 Jun-21 Jul-20 Jul-21 Jun-21 Jul-20 Horowhenua District 570,000 581,200 450,000 55 51 75 Manawatu District 629,000 600,000 525,000 38 34 56 Palmerston North City 678,000 662,000 508,000 128 133 146 Rangitikei District 520,000 461,800 317,000 28 17 17 Ruapehu District 360,000 350,000 263,000 18 13 26 Tararua District 445,000 420,000 279,500 26 20 31 Whanganui District 520,000 490,000 363,000 55 78 92
Horowhenua District Manawatu District Palmerston North City Rangitikei District Ruapehu District Tararua District Whanganui District Manawatu/Wanganui Region Vs… Jun-21 Jul-20 Vs… Jun-21 Jul-20 -1.9% 26.7% 4.8% 19.8% 2.4% 33.5% 12.6% 64.0% 2.9% 36.9% 6.0% 59.2% 6.1% 43.3% 0.0% 31.8% 7.8% -26.7% 11.8% -32.1% -3.8% -12.3% 64.7% 64.7% 38.5% -30.8% 30.0% -16.1% -29.5% -40.2% 0.6% -21.4%
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