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Monthly Housing Sales

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MONTHLY RESIDENTIAL SALES DATA for Queenstown and Arrowtown

  • The following data relate to all Real Estate agency transacted urban Residential Sales for the Queenstown and Arrowtown area.
  • Residential Sales are Houses, Apartments, Units, Townhouses, Villas and Condos plus Vacant Sites.
  • These data exclude all Rural, Lifestyle and Commercial Sales, 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 / Arrowtown Sales by Year 1992-2010


Year

 Dwellings

 Sections

Total

1992

408

281

689

1993

462

300

762

1994

461

282

743

1995

340

121

461

1996

335

62

397

1997

315

65

380

1998

303

47

350

1999

430

138

568

2000

414

129

543

2001

665

231

896

2002

734

359

1093

2003

712

351

1063

2004

671

284

955

2005

735

198

933

2006

769

158

927

2007

720

224

944

2008

465

79

544

2009

543

136

679

2010

436

121

557

2011

455

127

582

2012

586

156

742


  • Number by Month
Number of Sales past 14 month trend

 

 Dwellings

 

2007

2008

2009

2010

2011

2012

2013

Jan

67

41 (54)

43 (39)

26 (43)

30 (36)

35 (37)

34 (48)

Feb

79

39 (51)

40 (41)

45 (42)

38 (38)

60 (40)

61 (50)

Mar

67

32 (47)

44 (41)

40 (41)

41 (37)

49 (42)

61 (53)

Apr

86

41 (42)

64 (45)

47 (41)

57 (41)

50 (46)

58 (53)

May

62

38 (39)

45 (47)

23 (37)

35 (40)

65 (49)

 

Jun

42

39 (38)

41 (46)

43 (37)

35 (39)

42 (50)

 

Jul

36

43 (39)

35 (45)

24 (37)

32 (40)

32 (50)

 

Aug

55

31 (37)

46 (46)

30 (35)

44 (41)

51 (48)

 

Sep

57

41 (39)

50 (47)

46 (36)

37 (40)

42 (47)

 

Oct

71

40 (39)

45 (44)

32 (33)

33 (36)

45 (46)

 

Nov

55

36 (38)

46 (44)

40 (36)

39 (37)

60 (45)

 

Dec

43

44 (39)

42 (44)

40 (35)

34 (37)

55 (48)

 

Total for the year

720

465

543

436

455

586

 


(Items in brackets show last 6 months average.)

 

 Sections

 

2007

2008

2009

2010

2011

2012

2013

Jan

15

9 (13)

11 (7)

8 (13)

4 (9)

7 (9)

13 (15)

Feb

42

9 (12)

13 (9)

7 (11)

15 (11)

9 (9)

22 (16)

Mar

22

11 (12)

6 (9)

9 (10)

11 (11)

12 (9)

15 (17)

Apr

21

8 (12)

11 (10)

18 (10)

15 (12)

12 (9)

13 (17)

May

20

3 (9)

9 (11)

13 (11)

10 (11)

15 (10)

 

Jun

16

3 (7)

10 (10)

5 (10)

13 (11)

11 (11)

 

Jul

17

6 (7)

7 (9)

9 (10)

14 (13)

11 (12)

 

Aug

17

1 (5)

20 (11)

5 (10)

10 (12)

18 (13)

 

Sep

13

2 (4)

14 (12)

11 (10)

12 (12)

9 (13)

 

Oct

9

7 (4)

15 (13)

12 (9)

9 (9)

12 (13)

 

Nov

21

5 (4)

9 (13)

12 (9)

7 (11)

17 (13)

 

Dec

11

15 (6)

11 (13)

12 (10)

7 (11)

23 (15)

 

Total for the year

224

79

136

121

127

156

 

MEDIAN NUMBER OF DAYS TO SELL

  • Number by Year

Median Number of Days to Sell by Year (1992 - 2010)


Year

 Dwellings

 Sections

1992

60

85

1993

55

83

1994

46

59

1995

58

92

1996

81

164

1997

87

200

1998

80

186

1999

98

120

2000

74

162

2001

72

162

2002

46

83

2003

44

57

2004

44

75

2005

49

67

2006

72

100

2007

58

105

2008

75

N/A

2009

57

115

2010

60

87

2011

63

102

2012

55

136


Average over the year

 

  • Number by Month

 

 Dwellings

 

2005

2006

2007

2008

2009

2010

2011

2012

2013

Jan

41 (46)

186 (78)

42 (49)

119 (63)

65 (71)

67 (49)

49 (56)

50 (60)

57 (47)

Feb

42 (48)

62 (77)

62 (49)

78 (68)

69 (67)

63 (50)

64 (58)

48 (56)

34 (46)

Mar

28 (42)

82 (82)

56 (47)

48 (64)

102 (76)

56 (51)

54 (56)

66 (56)

43 (46)

Apr

43 (45)

75 (84)

45 (49)

72 (67)

52 (71)

45 (51)

46 (50)

72 (55)

50 (45)

May

12 (33)

57 (83)

60 (52)

92 (76)

59 (71)

52 (52)

79 (55)

48 (55)

 

Jun

51 (36)

68 (88)

87 (59)

70 (80)

47 (66)

70 (59)

42 (56)

81 (61)

 

Jul

86 (44)

86 (72)

81 (65)

57 (70)

64 (65)

77 (61)

114 (67)

70 (64)

 

Aug

63 (72)

63 (72)

50 (63)

92 (72)

60 (64)

52 (59)

74 (68)

40 (63)

 

Sep

55 (52)

67 (69)

73 (66)

48 (72)

51 (56)

68 (61)

66 (70)

41 (59)

 

Oct

61 (55)

31 (62)

53 (67)

80 (73)

44 (54)

81 (67)

80 (76)

55 (56)

 

Nov

61 (63)

45 (60)

36 (63)

60 (68)

43 (52)

51 (67)

48 (71)

37 (54)

 

Dec

38 (61)

44 (56)

47 (57)

78 (69)

31 (49)

36 (61)

44 (71)

49 (49)

 

Total for the year

49

49

58

75

57

60

63

55

 

 

 Sections

 

2005

2006

2007

2008

2009

2010

2011

2012

2013

Jan

56 (103)

91 (88)

68 (94)

28 (142)

46 (N/A)

256 (128)

106 (88)

365 (172)

147 (110)

Feb

44 (93)

93 (82)

35 (60)

69 (92)

186 (N/A)

50 (126)

64 (80)

56 (156)

158 (122)

Mar

44 (73)

311 (124)

67 (69)

63 (96)

297 (N/A)

70 (84)

33 (79)

122 (167)

124 (110)

Apr

21 (54)

37 (133)

120 (81)

371 (138)

41 (116)

11 (78)

42 (58)

54 (145)

85 (108)

May

57 (42)

83 (119)

31 (64)

106 (148)

106 (114)

108 (90)

42 (56)

69 (119)

 

Jun

50 (45)

52 (111)

55 (56)

N/A

61 (123)

26 (87)

140 (71)

269 (156)

 

Jul

93 (52)

38 (102)

57 (61)

280 (178)

136 (138)

98 (61)

136 (76)

178 (125)

 

Aug

126 (65)

80 (100)

374 (117)

N/A

60 (117)

109 (70)

149 (90)

90 (130)

 

Sep

62 (68)

174 (77)

37 (112)

114 (N/A)

327 (122)

42 (66)

56 (94)

193 (142)

 

Oct

47 (73)

44 (79)

118 (112)

N/A

42 (122)

186 (95)

189 (119)

97 (149)

 

Nov

103 (80)

136 (87)

47 (115)

121 (N/A)

38 (111)

33 (82)

227 (150)

100 (155)

 

Dec

96 (88)

61 (89)

250 (147)

7 (N/A)

45 (108)

51 (86)

45 (134)

36 (116)

 

Total for the year

67

100

105

N/A

115

87

102

136

 


(Items in brackets show last 6 months average)

MEDIAN SELL PRICE

  • Price by Year

Median Sale Price (1992-2010)


Year

 Dwellings

 Sections

1992

$135,100

$48,800

1993

$155,300

$54,100

1994

$202,500

$101,600

1995

$220,600

$112,200

1996

$193,500

$110,300

1997

$185,600

$96,300

1998

$186,800

$107,500

1999

$201,100

$89,400

2000

$205,600

$111,500

2001

$231,500

$99,000

2002

$273,000

$142,300

2003

$381,000

$204,800

2004

$447,200

$215,600

2005

$487,300

$265,200

2006

$528,000

$283,500

2007

$542,900

$294,600

2008

$529,100

$382,900

2009

$506,500

$286,700

2010

$492,000

$298,600

2011

$511,500

$303,600

2012

$524,100

$260,900


Average over the year

 

  • Price by Month
     

 Dwellings

 

2008

2009

2010

2011

2012

2013

Jan

$585,000

$560,000

$531,250

$485,000

$499,000

$562,500

Feb

$565,000

$508,000

$519,500

$569,500

$517,500

$540,000

Mar

$502,500

$535,000

$513,750

$515,000

$445,000

$546,000

Apr

$530,000

$421,250

$450,000

$520,000

$640,000

$566,000

May

$540,000

$500,000

$570,000

$500,000

$525,000

 

Jun

$580,000

$460,000

$500,000

$535,000

$500,000

 

Jul

$586,700

$530,000

$436,000

$492,500

$563,750

 

Aug

$490,000

$506,250

$515,000

$495,000

$462,000

 

Sep

$520,000

$462,000

$482,500

$539,000

$575,750

 

Oct

$500,000

$555,000

$477,500

$475,000

$517,000

 

Nov

$500,000

$560,000

$480,000

$447,500

$476,500

 

Dec

$450,500

$481,000

$429,000

$565,000

$568,000

 

 

 Sections

 

2008

2009

2010

2011

2012

2013

Jan

$260,000

$310,000

$362,500

$395,000

$315,000

$210,500

Feb

$303,000

$310,000

$239,000

$395,000

$265,000

$262,500

Mar

$240,000

$281,500

$320,000

$183,000

$230,000

$275,000

Apr

$500,000

$219,000

$165,000

$207,500

$262,500

$300,000

May

$330,000

$350,000

$180,000

$259,500

$235,000

 

Jun

$1,100,000

$265,000

$205,000

$275,000

$320,000

 

Jul

$370,000

$220,000

$185,000

$290,000

$228,000

 

Aug

$225,000

$252,500

$450,000

$222,500

$232,000

 

Sep

$267,000

$402,000

$244,000

$405,500

$290,000

 

Oct

$385,000

$290,000

$480,000

$555,000

$292,500

 

Nov

$300,000

$290,000

$300,000

$230,000

$225,000

 

Dec

$315,000

$250,000

$452,500

$225,000

$236,000

 


(Items in brackets show last 6 months average)

TOTAL VALUE OF SALES

  • Value by Year (millions)

Total Value of Sales - Value by Year (1992 - 2010)


 

  Dwellings

 Sections

Total

1992

$60.6m

$15.9m

$76.5m

1993

$77.2m

$22.3m

$99.5m

1994

$101.7m

$30.3m

$132.0m

1995

$83.1m

$16.6m

$99.7m

1996

$72.8m

$8.3m

$81.1m

1997

$69.1m

$6.7m

$75.8m

1998

$62.6m

$5.6m

$68.2m

1999

$100.1m

$16.4m

$116.5m

2000

$101.2m

$18.5m

$119.7m

2001

$183.8m

$30.4m

$214.2m

2002

$235.5m

$70.0m

$305.5m

2003

$341.1m

$100.5m

$441.6m

2004

$370.2m

$105.6m

$475.8m

2005

$424.5m

$75.7m

$500.2m

2006

$473.7m

$67.8m

$541.5m

2007

$494.7m

$91.0m

$585.7m

2008

$310.3m

$38.6m

$348.9m

2009

$337.9m

$59.3m

$397.2m

2010

$260.1m

$45.0m

$305.1m

2011

$285.9m

$53.6m

$339.5m

2012

$377.4m

$54.6m

$432.0m

 

  • Value by Month (Cumulative - year to date) Dwellings + Sections


 

2008

2009

2010

2011

2012

2013

Jan

$35.4m

$33.5m

$17.7m

$18.9m

$29.8m

$26.8m

Feb

$63.2m

$64.1m

$49.1m

$53.2m

$67.4m

$75.2m

Mar

$85.4m

$98.7m

$74.1m

$80.9m

$98.8m

$118.7m

Apr

$112.5m

$139.3m

$104.9m

$126.5m

$143.3m

$162.8m

May

$137.8m

$172.2m

$132.0m

$153.8m

$196.9m

 

Jun

$169.2m

$196.9m

$156.4m

$184.4m

$225.6m

 

Jul

$199.6m

$224.4m

$171.2m

$209.0m

$251.9m

 

Aug

$219.3m

$259.8m

$190.9m

$235.7m

$283.4m

 

Sep

$245.8m

$293.6m

$220.0m

$266.2m

$314.8m

 

Oct

$281.5m

$332.8m

$244.3m

$290.3m

$345.1m

 

Nov

$316.1m

$366.3m

$274.2m

$315.0m

$383.0m

 

Dec

$348.9m

$397.2m

$305.1m

$339.5m

$432.0m

 

SELLING PRICE DISTRIBUTION

This refers to all property types and sales sources.

 

Under $300,000

$300,001 - $600,000

$600,001 - $800,000

$800,001 - $1,100,000

$1,100,001 & over

2000

74%

18%

3%

2%

3%

2001

72%

20%

3%

2%

3%

2002

61%

27%

4%

3%

5%

2003

38%

41%

7%

6%

8%

2004

29%

46%

10%

7%

8%

2005

24%

47%

14%

7%

8%

2006

24%

44%

13%

8%

11%

2007

17%

46%

14%

9%

14%

2008

18%

39%

12%

9%

22%

2009

22%

43%

12%

9%

14%

2010

26%

41%

13%

7%

13%

2011

 

 

 

 

 


(Figures for the 2012 calendar year will be available in March 2013)

You are very welcome to use the data published on queenstownproperty.com. See our Terms & Conditions.

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