In this section
Farms sold in New Zealand
March 19, 2014
These details are drawn from the Real Estate Institute monthly reports for February 2015, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 144 sales, which is two less than the same month last year but +33% above the average February over the past four years.
The median price per hectare was unchanged at $28,009 in February 2015 from the prior month, but +24% more than February 2014.
Higher average prices applied across for dairy and horticulture units, but were lower for other types of farms.
February sales included:
6 arable farms,
33 dairy farms,
27 finishing units,
48 grazing properties,
5 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - February 2015||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||33,885||20,789||300,000||39,362|
for more perspectives, see
for saleyard and processor price trend graphs, see