How much does a house cost in Auckland in July?

Trade Me Property’s Aaron Clancy said “The July asking price in the Auckland region was up by 7.8% when compared with July last year, sitting at $943,950. In Auckland City, the average asking price was $1,088,250 – a 9% increase on the same month in 2019.”

How much is a house worth in Auckland 2023?

As at June 2023, the median house price in Auckland is $1,000,000. This is up from $560,000 10 years earlier. That means that the median Auckland property increased in value by 5.97% each year, or $44,000 on average.

Is Auckland a good place to buy a house?

The average sale price of residential property in Auckland has decreased over the past months. Whilst housing affordability has improved slightly as the median house price has begun to stabilize, Auckland still has one of the least affordable housing markets among the developed world.

How much did Auckland property prices increase in 20 years?

Auckland property prices increased 6.25% per year (on average) in the 20 years between Jun 2003 – Jun 2023 (REINZ). 30% of all properties in New Zealand are in Auckland (Stats NZ) Should I invest in the Auckland property market?