While the month-on-month sellers' expectations appear high, separate data yesterday from government agency Quotable Value (QV) show more subdued increases in actual quarterly valuation gains around the country.
National asking prices were up 1.9% from October to November, while Central Otago Lakes' 12% rise pushed its average asking price to $747,781 - the country's highest, according to Realestate.co.nz marketing manager Paul McKenzie.
''The new all-time high in the [national] average asking price reflects the confidence of vendors across the country, rather than one particular region,'' Mr McKenzie said. QV data for the quarter to mid-November showed the national average valuation rose 0.7% to $483,424 during the period, while Central Otago was down 1.9% at $318,926.
On a year ago, the national price was up 5.1%, while Auckland's rose 9.1% to $748,955 (and 3.1% for the quarter). Waikato rose 8.2%, from $361,512 to $391,137, the Wairarapa was up 5.9%, Northland rose 5.4% and Taranaki gained 5.1%.
The Queenstown Lakes region rose 3.7% to $692,271, Dunedin was up 0.9% at $291,598 and Southland rose 0.3% to $206,194.
QV national spokeswoman Andrea Rush said winter sales around Queenstown Lakes were ''very slow'' and a lack of stock was becoming a market feature, prompting a lift in values.
''There is also a notable shortage of affordable property under $600,000 on the market. This is likely to continue the upward pressure on pricing as purchasers compete for properties,'' she said.
Demand for properties above $1.2 million was slow, apart from at Millbrook Resort.
QV Dunedin registered valuer Duncan Jack said there had been some growth in value in the Dunedin market and conditions remained '' slow and steady''.
''The traditional increase in activity during spring has occurred but to a much lesser degree than is usual, and listings levels are lower than normal for this time of year,'' Mr Jack said.
Residential property values in the Queenstown Lakes district were 8.4% higher than a year ago. Otago's asking price was down 1.5% at $289,584, Southland's rose 1.1% to $250,181 and Canterbury was down 0.2% at $454,305, according to Realestate.co.nz data. Auckland was up 4.6%, at $731,588.
Mr McKenzie said: ''The asking price of homes for sale rose in nine out of 19 regions across the country, with no one single region reaching an all-time high in its own right.''
Realestate.co.nz, the Real Estate Institute of New Zealand's website, said the number of new listings in November was higher than in the same period last year.
Canterbury had seen a jump of 16.8% on November last year, with 1829 new listings, while Southland saw a 19.7% gain, to 328, Central Otago Lakes was up 13.6% at 334 and Otago was down 6.3% with 448 listings.
