In our latest housing market update, Peter Thompson reports a robust July for Auckland’s property market:
🏠 957 sales - the highest July sales volume in four years
💵 Median price: $950,000 | Average price: $1.1M
📈 Nearly half of all sales were over $1 million
While prices eased slightly, buyer activity remained strong, especially at the top end of the market. We sold 51 properties over $2M and 16 over $3M, both the highest July figures since 2021. Listings were up too, with 1,605 new properties coming to market - the most we've seen in a July in over a decade. Rural and Lifestyle markets also held firm, with sales nearing $57 million.
#AucklandProperty #housingmarketupdate
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