Farms sold in New Zealand
June 19, 2020
These details are drawn from the Real Estate Institute monthly reports for May 2020, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 91 sales, which is -28% below the same month last year but -45% below the average May over the past four years.
The median price per hectare was only $22,.660 in May 2020, +7% higher than April 2020, but unchanged from May 2019.
May 2020 sales included:
14 arable farms,
11 dairy farms,
28 finishing units,
8 forestry blocks,
17 grazing farms,
13 horticultural farms,
You can find current farms for sale and listed on the market here.
[ 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