REINZ March 2012 regional review
Auckland
Sales volume in the Auckland region increased by more than 37% compared with February 2012, with North Shore City and Auckland City recording the strongest increases in sales. Compared to March 2011, those parts of the region outside of the metropolitan area and Waitakere City performed best.
The median price across the region increased by almost 6% in March to a new record high of $495,200 compared with February 2012. Price increases were also strongest in North Shore City and Auckland City, with Auckland City's median price up almost 10% compared to March 2012.
Auckland's days to sell improved by seven days, from 37 days in February to 31 days in March, and improved by four days compared to March 2011. Auckland's days to sell for March are equal shortest with Canterbury/Westland for March 2012.
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