In our latest housing market update, Peter Thompson, Managing Director of Barfoot & Thompson, reports that Auckland's property market in August held steady, with strong demand for homes under $1 million.
π 889 sales - on par with August figures from the past three years
π΅ Median price: $950,000 | Average price: $1.08M
π 56% of all sales were under $1 million
While overall sales dipped slightly from July, activity remained steady with strong demand for well-priced homes.
Lower-cost townhouses and apartments continue to attract buyers. New listings held firm at 1,622, with 5,873 properties on the market.
Read the full August Housing Market report here.
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