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Lower Hutt Property Sales Data

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SUBURB MONTH YEAR DWELLING MEDIAN SALE DWELLING COUNT DAYS TO SELL
Alicetown May 2017  $                                557,500 8 21
Avalon Jul 2017  $                                594,000 10 26
Belmont Jun 2017  $                                513,125 6 34
Boulcott Jun 2017  $                                699,750 4 27
Eastbourne Jul 2017  $                                625,000 5 69
Epuni Jun 2017  $                                553,500 4 40
Fairfield - Lower Hutt City Jul 2017  $                                420,000 5 21
Kelson Jul 2017  $                                540,000 4 36
Korokoro Dec 2016  $                                597,500 8 22
Lower Hutt Central Jul 2017  $                                805,000 5 37
Maungaraki Jun 2017  $                                605,329 6 28
Moera Dec 2016  $                                461,000 4 34
Naenae Jul 2017  $                                411,500 13 26
Normandale Oct 2016  $                                565,000 4 22
Petone Jul 2017  $                                602,000 15 42
Stokes Valley Jul 2017  $                                429,750 14 23
Taita Jul 2017  $                                437,300 8 28
Tirohanga May 2017  $                                760,000 5 54
Wainuiomata Jul 2017  $                                350,500 26 29
Waiwhetu Jul 2017  $                                467,500 4 31
Waterloo Jun 2017  $                                560,000 8 21
Woburn Jul 2017  $                            1,045,000 3 32

Source REINZ.

The median house price is the midway point of all the houses/units sold at market price (or sold amount) over a set period (monthly, yearly, quarterly, etc.). That is, if there were 101 houses sold during the month, the median house price would be the house price in the middle i.e., that has 50 house prices above it and 50 house prices below it.

Median

This differs to the mean price, which equates to the average price—adding the sold prices together and then dividing this by the number of sales.

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