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Nor'West News: June 23, 2022

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4<br />

Thursday <strong>June</strong> <strong>23</strong> <strong>2022</strong><br />

RAY WHITE BISHOPDALE & STROWAN<br />

Market Snapshot<br />

NOR’WEST CHRISTCHURCH - MAY <strong>2022</strong><br />

Temperatures may be dropping, but the property market continues to keep<br />

moving. Now is a great time to have a converstaion about selling in this market.<br />

There are a number of positives that we are seeing in our local area, so if you<br />

are considering a move, please talk to one of our local agents today.<br />

Check out the REINZ market statistics below and see the results for yourself.<br />

MEDIAN SALE PRICE<br />

MEDIAN VALUATION<br />

TOTAL NUMBER OF SALES<br />

MEDIAN DAYS TO SELL<br />

$780,000<br />

$530,000<br />

137<br />

37<br />

(+20%)<br />

Compared to $650,000<br />

in May 2021*<br />

(+8%)<br />

Compared to $490,000<br />

in May 2021*<br />

(-32%)<br />

Compared to 202<br />

in May 2021*<br />

(-24%)<br />

Compared to 28<br />

in May 2021*<br />

*Statistics sourced from Real Estate Institute of New Zealand for the following suburbs:<br />

Belfast, Bishopdale, Bryndwr, Burnside, Casebrook, Fendalton, Harewood, Mairehau, Merivale, Northcote, Northwood, Papanui, Redwood, St Albans and Strowan.<br />

Curious to know what your home is worth?<br />

Want a customised suburb report?<br />

Call 0800 YELLOW today!<br />

Ray White BS Ray White BS<br />

Bishopdale & Bishopdale Strowan & Strowan<br />

0800 YELLOW (0800 935 569)<br />

0800 YELLOW (0800 935 569)<br />

5/333 Harewood Road, Bishopdale | 55 Blighs Road, Strowan<br />

5/333 Harewood Road, Bishopdale | 55 Blighs Road, Strowan<br />

rwbishopdale.co.nz | rwstrowan.co.nz<br />

rwbishopdale.co.nz | rwstrowan.co.nz<br />

Inline Realty Limited (Licensed REAA 2008)<br />

Inline Realty Limited (Licensed REAA 2008)<br />

Proudly owned by<br />

Karen Ellis<br />

021 519 275<br />

Barry Ellis<br />

021 519 274

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