RIS­ING PRICES

Marlborough Midweek - - YOUR LOCAL NEWS -

Home­own­ers in Marl­bor­ough are ask­ing for more when they sell, buck­ing a na­tion­wide trend that shows in the year to July ask­ing prices have fallen slightly. New fig­ures from realestate.co.nz show the av­er­age ask­ing price in Marl­bor­ough for July was $485,460, up 5.4 per cent on the same month the pre­vi­ous year. Na­tion­ally, the av­er­age price was $626,413, a 0.3 per cent drop over the same pe­riod. Nel­son was $583,283, al­most $100,000 more than in Marl­bor­ough, but to the south, Can­ter­bury was slightly less ex­pen­sive: $472,199. The fig­ures show a 21.8 per cent de­cline on the num­ber of new list­ings in the re­gion. List­ings fell by 15.5 per cent na­tion­ally.

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