In this section
Farms sold in New Zealand
April 15, 2014
These details are drawn from the Real Estate Institute monthly reports for March 2014, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 188 sales, which is 7% more than the same month last year and 39% above the average March over the past four years.
The median price per hectare was basically unchanged at $22,342 in March 2014, and only 1.1% higher than March 2013.
Higher average prices were only seen for horticultural and forestry blocks, while most other types of farms - including dairy - had lower average prices than those same categories in February.
March sales included:
12 arable farms,
41 dairy farms,
38 finishing units,
66 grazing properties,
9 farms of other types
The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold. However, the following table sets out the median prices per hectare over the past three months, as reported by REINZ.
|$/ha - March 2014||Arable||Dairy||Finishing||Forestry||Grazing||Hort||Special|
|Bay of Plenty||25,857||13,715||26,563||131,250||26,344|
for more perspectives, see
for saleyard and processor price trend graphs, see