In this section
Farms sold in New Zealand
May 16, 2013
These details are drawn from the Real Estate Institute monthly reports for April 2013, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 157 sales, which is 15% more than April last year but more than 25% above the average over the past four years.
The median price per hectare was up to $20,241 in April 2013, down 9.3% on a month ago. Lower average prices were seen for dairy, horticulture and forestry units compared with those same categories in March, and all others were stable.
April sales included:
5 arable farms,
29 dairy farms,
24 finishing units,
81 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.
|Bay of Plenty||40,541||32,450||13,246||20,481||104,955|
for more perspectives, see
for saleyard and processor price trend graphs, see