In this section
Farms sold in New Zealand
February 18, 2014
These details are drawn from the Real Estate Institute monthly reports for January 2015, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 100 sales, which is -28% less than the same month last year but +8% above the average January over the past four years.
The median price per hectare was down -3% at $28,781 in January 2015 from the prior month, but +24% more than January 2014.
Lower average prices applied across the board, except for forestry blocks.
January sales included:
7 arable farms,
15 dairy farms,
15 finishing units,
47 grazing properties,
2 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - January 2015||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||28,696||49,151||8,483||262,500||39,362|
for more perspectives, see
for saleyard and processor price trend graphs, see