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Property Price Index - January 2021

New Zealand’s national average asking price reached an all-time high for the fifth month in a row in January

18 February 2021

18 Commercial Road, Grey Lynn

Auckland market a slower outlier

Most expensive districts in the Auckland region - January 2021
DistrictAverage asking price - January 2021
WaihekeWaiheke$1,383,550$1,383,550
North Shore CityNorth Shore City$1,210,000$1,210,000
Auckland CityAuckland City$1,162,700$1,162,700

Wellington continues its record-breaking streak

Most expensive districts in the Wellington region - January 2021
DistrictAverage asking price - January 2021
Wellington CityWellington City$863,800$863,800
PoriruaPorirua$794,950$794,950
Kapiti CoastKapiti Coast$750,400$750,400

13 out of 15 regions see the highest average price of all-time

Small and medium sized house prices reach new high