19/06/2023
In May, the median price in the Queenstown and Arrowtown Wards was 22% up on this time last year to $1,255,000. Notably, there were a number of Hanleyโs sections that settled in May of last year, skewing the median price. Most vendors are prepared to meet the market when they are committed and motivated to sell. There has been a recent upturn in buyer interest, mainly from the North Island.
Disclaimer: Data sourced from REINZ. Data encompasses Queenstown and Arrowtown Wards