Farms sold in New Zealand
March 19, 2020
These details are drawn from the Real Estate Institute monthly reports for February 2020, and focus only on farm sales - excluding lifestyle blocks.
The market recorded 84 sales, which is -22% below the same month last year but -30% below the average February over the past four years.
The median price per hectare was only $20,569 in February 2020, -3% lower than January 2020, and -8% below February 2019.
[ REINZ have asked us to remove the price/ha data. They have also ceased supplying regional data for the chart below, butthe national data is up-to-date.]
For more perspectives, see