In this section
Farms sold in New Zealand
January 22, 2014
These details are drawn from the Real Estate Institute monthly reports for December 2014, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 220 sales, which is -12% less than the same month last year but +32% above the average December over the past four years.
The median price per hectare was up +8.3% at $28,781 in December 2014 from the prior month, but +19% more than December 2013.
Higher average prices applied across the board, except for forestry blocks and grazing units.
December sales included:
14 arable farms,
49 dairy farms,
21 finishing units,
108 grazing properties,
9 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - December 2014||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||15,199||5,736|
for more perspectives, see
for saleyard and processor price trend graphs, see