In this section
Farms sold in New Zealand
February 19, 2014
These details are drawn from the Real Estate Institute monthly reports for January 2014, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 138 sales, which is 53% more than the same month last year and double the average January over the past four years.
The median price per hectare rose to $22,644 in January 2014, just slightly lower than a month ago, and 5.6% lower than January 2013.
Higher average prices were seen for dairy and finishing units, while most other types of farms had lower average prices than those same categories in December.
January sales included:
6 arable farms,
25 dairy farms,
27 finishing units,
68 grazing properties,
3 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - January 2014||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||28,040||19,617||20,850||160,198||26,344|
for more perspectives, see
for saleyard and processor price trend graphs, see