Welcome to Denise’s market update for Papatoetoe.  To receive Denise’s market update on a monthly basis – just email her with your contact details and the area that you’re interested in.

There were 29 x property sales in September 2012, the average price $380,000 up 10% on Sep 2011 sale figures.  However 15% down on volume (34 sales) from last year.  -5 sales against September 2011.  The top sale last month was $549,000

There are 441 x sales for Papatoetoe 12 months to Sep 2012, with;

• 0.5% percent $1.0m – $1.5m
• 0.2% percent $800k-$1.0m
• 1.8% percent $600k – $800k
• 26.5% percent $400k – $600k
• 71% percent less than $400k

68% of sales were houses.