Time period Number of sales* Total value of sales
December 2016 721 properties $658,784,365
December 2015 796 properties $692,115,749
12 months to December 2016 11,974 properties $10,651,073,820
12 months to December 2015 13,729 properties $11,153,975,411

*Includes Barfoot & Thompson Auckland residential sales that have gone unconditional. Excludes Northland and commercial sales.

Auckland house prices edge off record highs

Peter Thompson

A typical, solid December’s trading confirmed that Auckland residential property prices, while stable at year end, had stopped rising.

“December’s average sales price at $913,709 and the median price at $840,000 were both down for the second consecutive month,” said Peter Thompson, Managing Director of Barfoot & Thompson.

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