August 18, 2021
These details are drawn from the Real Estate Institute monthly reports for July 2021, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 133 sales, which is the same (134) the pandemic-affected month last year but +33% above the average July over the prior four years.
The median price per hectare was $27,015 in July 2021, down -5% from June 2021, but up +12% from July 2020.
2 arable farms,
24 dairy farms,
43 finishing units,
16 forestry blocks,
30 grazing farms, (incl 'others')
18 horticultural farms.
You can find current farms for sale and listed on the market here. Please note that in March 2021, the REINZ chnaged the way it reports farms sales, so comparisons with prior periods may not be on exactly the same basis.
[ REINZ have asked us to remove the price/ha data. They have also ceased supplying regional data for the chart below, but the national data is up-to-date.]
For more perspectives, see