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 November 2023 - April 2024
Acacia Bay
Number of houses sold
28
Average house sale price
$1,252,665
Number of sections sold
11
Average section sale price
$335,090
Nukuhau
Number of houses sold
48
Average house sale price
$980,468
Number of sections sold
3
Average section sale price
$790,942
Rangatira Park
Number of houses sold
15
Average house sale price
$1,060,233
Number of sections sold
-
Average section sale price
-
Taupo Central
Number of houses sold
75
Average house sale price
$901,606
Number of sections sold
-
Average section sale price
-
Hilltop
Number of houses sold
22
Average house sale price
$779,502
Number of sections sold
-
Section sale price
-
Tauhara
Number of houses sold
11
Average house sale price
$559,272
Number of sections sold
-
Average section sale price
-
Richmond Heights
Number of houses sold
23
Average house sale price
$850,456
Number of sections sold
-
Average section sale price
-
Two Mile Bay
Number of houses sold
6
Average house sale price
$841,916
Number of sections sold
-
Average section sale price
-
Waipahihi
Number of houses sold
19
Average house sale price
$1,133,710
Number of sections sold
-
Average section sale price
-
Wharewaka
Number of houses sold
16
Average house sale price
$1,265,687
Number of sections sold
25
Average section sale price
$370,511
Mangakino
Number of houses sold
2
Average house sale price
$463,750
Number of sections sold
1
Average section sale price
$385,000
Rainbow Point
Number of houses sold
3
Average house sale price
$3,097,500
Waitahanui
Number of houses sold
4
Average house sale price
$1,518,750
Kinloch
Number of houses sold
21
Average house sale price
$1,227,142
Number of sections sold
12
Average section sale price
$572,500
April 2024
The local real estate market eased back on the previous month’s high, with some 56 house sales recorded with a further 6 section sales.
Although the sales numbers were down, for the fourth month in a row the Annual Moving Median edged upward to stand at $$846,041, with the Monthly Median at $810,000.
The Median Days to sell moved from 53 days to 51, another positive outcome for vendor clients, very much in keeping with the trend over recent months.
The Taupo District enjoyed a hugely successful weekend of V8 Supercar racing, which coupled with the normal Easter influx of tourists, provided a real boost to the local economy as we approach the winter season.
208 sold
Number of Residential houses sold in the last 3 months
(February 2024 - April 2024)
2.35% decrease
Average sale price decreased. Annual moving median
(April 2023 - April 2024)
51 days
Median days on the market (houses incl. Turangi)