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Queenstown Real Estate Sales - Monthly Housing Statistics

MONTHLY RESIDENTIAL HOUSING SALES DATA for Queenstown and Arrowtown

The following data relate to all Real Estate agency transacted urban Residential Housing Sales for the Queenstown and Arrowtown area.
Residential Housing Sales are Houses, Apartments, Units, Townhouses, Villas and Condos.
These data exclude all Rural, Lifestyle and Commercial Sales, Residential Vacant Site Sales, and developer direct and privately transacted Sales.
These data are recorded in the month of settlement rather than the month of contract.
(Please Note): The following “month on month” data (particularly Median Sale Prices and Median Number of Days to Sell) can be subject to distortions because of the Queenstown Lakes District’s relatively small data set and also from any deferred sale settlements.
These data are the most up to date data available. Data are obtained monthly in arrears and are updated and published online at the middle of the following calendar month.

NUMBER OF SALES

Number by Year

Queenstown Real Estate - Number of Sales by Year 1992- 2024

Year	Number
1992	408
1993	462
1994	461
1995	340
1996	335
1997	315
1998	303
1999	430
2000	414
2001	665
2002	734
2003	712
2004	671
2005	735
2006	769
2007	720
2008	465
2009	543
2010	436
2011	455
2012	586
2013	597
2014	562
2015	727
2016	776
2017	573
2018	637
2019	570
2020	534
2021	769
2022	596
2023	625
2024	743
2025

Number by Month

Queenstown Real Estate - Number of Sales Past 14 Month Trend

	2019	2020	2021	2022	2023	2024	2025
Jan	26 (42)	28 (48)	27 (57)	26 (62)	24 (48)	27 (51)	23 (64)
Feb	48 (41)	39 (47)	63 (58)	58 (63)	54 (47)	54 (52)	57 (65)
Mar	69 (48)	38 (47)	74 (61)	57 (62)	68 (48)	67 (55)	70 (67)
Apr	43 (44)	2 (38)	76 (60)	44 (58)	62 (50)	59 (54)
May	43 (43)	19 (29)	76 (62)	57 (53)	58 (51)	69 (52)
Jun	40 (45)	43 (28)	62 (63)	62 (51)	45 (52)	36 (52)
Jul	42 (48)	52 (32)	45 (66)	29 (51)	38 (54)	69 (59)
Aug	43 (47)	53 (35)	52 (7)	61 (52)	43 (52)	51 (59)
Sep	41 (42)	60 (38)	64 (63)	59 (52)	54 (50)	59 (57)
Oct	53 (44)	83 (52)	69 (61)	49 (53)	61 (50)	84 (61)
Nov	72 (45)	60 (59)	85 (63)	52 (52)	75 (53)	86 (64)
Dec	50 (50)	57 (61)	76 (65)	42 (49)	43 (52)	82 (72)
Total for the year	570	534	769	596	625	743

(Items in brackets show last 6 months average.)

MEDIAN NUMBER OF DAYS TO SELL

Number by Year

Queenstown Real Estate - Median Number of Days to Sell by Year (1992 - 2024)

Year	Number
1992	60
1993	55
1994	46
1995	58
1996	81
1997	87
1998	80
1999	98
2000	74
2001	72
2002	46
2003	44
2004	44
2005	49
2006	72
2007	58
2008	75
2009	57
2010	60
2011	63
2012	55
2013	54
2014	50
2015	39
2016	38
2017	43
2018	42
2019	48
2020	52
2021	40
2022	46
2023	47
2024	44
2025

Average over the year

Number by Month

	2018	2019	2020	2021	2022	2023	2024	2025
Jan	52	43	52	46	60	55	26	63
Feb	50	71	54	56	47	60	44	64
Mar	45	61	37	31	37	47	39	41
Apr	39	41	94	43	38	52	46
May	47	33	71	43	55	68	58
Jun	37	41	75	38	60	48	45
Jul	40	49	51	38	42	39	38
Aug	37	44	44	34	48	36	48
Sep	42	50	39	38	49	44	52
Oct	35	46	42	38	47	36	46
Nov	30	51	29	35	36	35	49
Dec	44	46	32	37	35	43	34
Average over the year	42	48	52	40	46	47	44

MEDIAN SALE PRICE

Price by Year

Queenstown Real Estate - Median Sale Price (1992-2024)

Year	Price
1992	$135,100
1993	$155,300
1994	$202,500
1995	$220,600
1996	$193,500
1997	$185,600
1998	$186,800
1999	$201,100
2000	$205,600
2001	$231,500
2002	$273,000
2003	$381,000
2004	$447,200
2005	$487,300
2006	$528,000
2007	$542,900
2008	$529,100
2009	$506,500
2010	$492,000
2011	$511,500
2012	$524,100
2013	$539,600
2014	$585,100
2015	$633,100
2016	$847,250
2017	$917,700
2018	$960,200
2019	$987,200
2020	$1,062,900
2021	$1,171,700
2022	$1,280,800
2023	$1,379,200
2024	$1,419,400
2025

Average over the year

Price by Month

Queenstown Real Estate - Median Sale Price past 14 month trend

	2020	2021	2022	2023	2024	2025
Jan	$1,230,000	$1,090,000	$1,270,000	$1,370,000	$1,200,000	$1,550,000
Feb	$1,150,000	$1,220,000	$1,400,000	$1,400,000	$1,600,000	$1,450,000
Mar	$1,070,000	$1,190,000	$1,330,000	$1,350,000	$1,368,000	$1,550,000
Apr	$935,000	$1,250,000	$1,150,000	$1,350,000	$1,450,000
May	$975,000	$1,080,000	$1,450,000	$1,380,000	$1,460,000
Jun	$950,000	$1,060,000	$1,220,000	$1,270,000	$1,425,000
Jul	$1,090,000	$1,050,000	$1,250,000	$1,420,000	$1,420,000
Aug	$925,000	$1,000,000	$1,270,000	$1,380,000	$1,380,000
Sep	$1,130,000	$1,280,000	$1,200,000	$1,490,000	$1,400,000
Oct	$1,000,000	$1,330,000	$1,280,000	$1,420,000	$1,385,000
Nov	$1,150,000	$1,220,000	$1,280,000	$1,320,000	$1,405,000
Dec	$1,150,000	$1,290,000	$1,270,000	$1,400,000	$1,540,000

(Items in brackets show last 6 months average)

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