{"id":1740,"date":"2022-02-15T06:07:41","date_gmt":"2022-02-15T06:07:41","guid":{"rendered":"https:\/\/www.webuyproperty.co.nz\/?p=1740"},"modified":"2026-09-22T10:58:15","modified_gmt":"2026-09-22T10:58:15","slug":"auckland-housing-market-continues-to-grow","status":"publish","type":"post","link":"https:\/\/dailybasisnews.com\/designs\/we-buy\/auckland-housing-market-continues-to-grow\/","title":{"rendered":"Auckland Housing Market Continues To Grow"},"content":{"rendered":"<p>A recent drop in Auckland housing prices may have worked in favor of real estate brokerage agencies and private sellers. Even as the selling prices and sales volumes dropped by a margin, the trading patterns remained quite the same. Property listings in the <strong>Auckland housing market <\/strong>were up by 19.7% still, on a month-on-month basis; and compared to the December average selling price of $1.278 million, the January figure was a decent $1.230 million, after a 3.8% drop.<\/p>\n<h1>January reflects greenery for the Auckland housing market<\/h1>\n<p>There has been a drop of 12.1% in the month-to-month sales volumes. December clocked in at 15.2% above January 2021. December\u2019s 911 transactions were succeeded by only 801 transactions this January. The Level-4 lockdowns make it difficult to deduce exact figures in comparison to 2019-2020.<\/p>\n<p>But, strong demand for quality housing in Auckland has led to rapid price surges of properties across the city, in recent years. Outdoing, <strong>Auckland housing market predictions<\/strong>, 2021 witnessed a whopping 1516 $3M homes exchanging hands in Auckland in the last year alone.<\/p>\n<p>Auckland traded at a surprisingly high rate in January, with 1135 new listings making it to the market. This spelled a sales rate of 15.2% higher year on year, in January. Despite January\u2019s negligible drop in the average selling price of homes in Auckland, the market fared better than December 2021\u2019s national median of $905,000.<\/p>\n<p>According to <strong>Auckland housing market news, <\/strong>a top brokerage firm finished January with a total of 3827 properties on the books, a 15-month record high. Plus, Auckland&#8217;s January median selling price of $1,025,000 also chased the national median, which was \u00a0$1.028 million in January- a 27.5% year-on-year, and up% month-on-month.<\/p>\n<h1><strong>Auckland housing market<\/strong>: 5 years ago, and now<\/h1>\n<p>This is a far-removed possibility from the expectations one could have of the <strong>Auckland housing market predictions<\/strong>\u00a0of 5 years ago. A $3M house in Auckland, half a decade back, was considered a luxury buy, and usually situated in sought-after suburbs.<\/p>\n<p>However, the scenario has become drastically different now, in terms of asset value growth. For example, 5 years ago, a $3M sale equaled a 5-3 bedroom water-side property maxing over 900+ sq. meters, with at least two car parks, and in a suburb like Omaha. Despite nearby sights like vineyards and golf course recreation.<\/p>\n<p>Today, such a property would fetch an even prettier penny in the Auckland market; something to the tune of nearly $6M now. The same can be said for properties in Remuera, Takapuna, Queenstown, and the likes.<\/p>\n<p>Admitted, $3M homes today cannot match the scale or luxury of their counterparts from 5-years ago. Today, Queenstown ranks the highest price average in NZ- $1.15M. The definition of prestige homes in 2022\u2019s Auckland, resembles houses with smaller spreads and lifestyle features.<\/p>\n<p>The trade-off is the abundance of sizeable listings in fringe suburbs like Ponsonby, where even 3-bedroom, 1-bath homes (with off-street parking to boot) are selling for $2.96M. Plus, you can unexpectedly stumble across the odd heritage property here, with modernized \u2018kauri\u2019 features. Takapuna Beach is not far behind, either, with \u201cenvironmentally focussed\u201d residential projects coming up.<\/p>\n<p>Ignoring tough lending conditions, LVR ratios, and rising interest rates, <strong>Auckland housing market predictions <\/strong>from experts suggest another 5% growth for Auckland across the calendar year 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent drop in Auckland housing prices may have worked in favor of real estate brokerage agencies and private sellers. Even as the selling prices and sales volumes dropped by a margin, the trading patterns remained quite the same. Property listings in the Auckland housing market were up by 19.7% still, on a month-on-month basis; and compared to t&#8230;<\/p>\n","protected":false},"author":5,"featured_media":3454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[54,59,76,55],"class_list":["post-1740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auckland-real-estate-market","tag-auckland-housing-market","tag-auckland-housing-market-news","tag-auckland-housing-market-predictions","tag-auckland-housing-market-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auckland Housing Market Continues To Grow - We Buy Property<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auckland Housing Market Continues To Grow - We Buy Property\" \/>\n<meta property=\"og:description\" content=\"A recent drop in Auckland housing prices may have worked in favor of real estate brokerage agencies and private sellers. Even as the selling prices and sales volumes dropped by a margin, the trading patterns remained quite the same. 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