October 3, 2013
Auckland’s largest real estate firm Barfoot & Thompson reports that both its average and median house prices hit record highs last month.
B&T accounts for around 40% of all sales in the Auckland market and so if a reliable indicator of sales patterns and trends in the region.
In September B&T’s median sales price hit $600,000, which was a whopping 6.9% increase, or $38,500, on the August median.
The new record average sales price high of $657,912 was an increase of a little more than $10,000 or 1.6% in the past month.
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