The Taupo real estate
market report
Where do our buyers come from?
Want to know where our buyers are coming from? See the breakdown by region in a graphic below.
Suburb statistics
Want to see the average house price in each Taupo suburb? Or are you just curious to see how your suburb is doing right now?
Monthly market report
See how property is performing as a whole in Taupo, even taking a look back at how the past month compares to the same month last year.
Where do our buyers come from?
Period: January 2023 to December 2023
Suburb statistics
*Source REINZ Statistics January 2024 - June 2024
Acacia Bay
Number of houses sold
27
Average house sale price
$1,216,000
Number of sections sold
8
Average section sale price
$436,750
Nukuhau
Number of houses sold
50
Average house sale price
$982,550
Number of sections sold
3
Average section sale price
$790,942
Rangatira Park
Number of houses sold
16
Average house sale price
$1,054,437
Number of sections sold
-
Average section sale price
-
Taupo Central
Number of houses sold
77
Average house sale price
$889,637
Number of sections sold
-
Average section sale price
-
Hilltop
Number of houses sold
24
Average house sale price
$755,668
Number of sections sold
-
Section sale price
-
Tauhara
Number of houses sold
15
Average house sale price
$581,533
Number of sections sold
-
Average section sale price
-
Richmond Heights
Number of houses sold
19
Average house sale price
$791,394
Number of sections sold
-
Average section sale price
-
Two Mile Bay
Number of houses sold
4
Average house sale price
$749,375
Number of sections sold
-
Average section sale price
-
Waipahihi
Number of houses sold
17
Average house sale price
$1,120,911
Number of sections sold
-
Average section sale price
-
Wharewaka
Number of houses sold
24
Average house sale price
$1,216,833
Number of sections sold
31
Average section sale price
$367,328
Mangakino
Number of houses sold
0
Average house sale price
-
Number of sections sold
1
Average section sale price
$385,000
Rainbow Point
Number of houses sold
7
Average house sale price
$2,484,285
Waitahanui
Number of houses sold
4
Average house sale price
$1,573,750
Kinloch
Number of houses sold
21
Average house sale price
$1,108,330
Number of sections sold
11
Average section sale price
$567,727
June 2024
In common with the national housing trend, the local housing market experienced a significant slow down in activity during the month of June.
The total number of houses sold fell from 57 in May to 34 recorded sales in June.
As is common with raw statistics, the drop in the number of sales had a positive impact on the Annual Moving Median, ending the month at $858,645.
This result placed the annualised figure at a nearly one percent ahead of the same measurement in June 2023.
The market was augmented with a further 11 section sales resulting in an Annual Moving Median figure of $415,750.
As we approach the mid- point of the July school holidays, the region is enjoying a real surge in tourist numbers, which of course we all hope will translate into additional housing sales later in the year.
173 sold
Number of Residential houses sold in the last 3 months
(April 2024 - June 2024)
0.94% increase
Average sale price decreased. Annual moving median
(June 2023 - June 2024)
97 days
Median days on the market (houses incl. Turangi)