May 18, 2015
These details are drawn from the Real Estate Institute monthly reports for April 2015, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 160 sales, which is four less than the same month last year but +5% above the average April over the past four years.
The median price per hectare was marginally higher at $28,668 in April 2015 from the prior month, and +17% more than April 2014.
Higher average prices applied across across all farm types except arable and finishing units.
April 2015 sales included:
9 arable farms,
26 dairy farms,
28 finishing units,
61 grazing properties,
5 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - April 2015||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||31,303||28,579||23,908||270,842|
for more perspectives, see
for saleyard and processor price trend graphs, see