A total of 52 residential houses were sold in the Queenstown
and Arrowtown area during December, down slightly from 55
sales in December 2012, national real estate statistics show.
The December five- and 10-year averages for the number of
sales were 45 and 49 respectively.
It took an average of 66 days to sell a dwelling last
December compared with 49 days in December 2012. The median
sale price in December 2013 was $513,000 compared with
$568,000 in December 2012.
During the past six months there have been 273 sales.
This compares with 285 for the same period in 2012 and 219
During the past 12 months there were 597 sales, compared with
586 for the same period the year before and 455 for the year
The total value of residential housing sales during 2013 was
It compares with $377.4 million for the same period in 2012
and $285.9m for 2011.