Ponsonby house values increased by 9% over the last year to $1,668,850. Freemans Bay values increased 9% to $1,265,500.

VALUE GROWTH BY NEIGHBOURHOOD

To see how much values and rental prices have grown over the last five years click on the neighbourhoods below: 

Ponsonby

Freemans Bay 

The average time it takes to sell a property in the general Ponsonby area is currently 29 days.

SALES & VALUE STATS

Recorded Sales             3,600	Average CV            $1,300,000
Sales in last 12 months  239
Average Price       $1,550,000	Highest Price          $4,350,000
Sales over $1m               155	Sales over $1.5m                94
Sales over $2m                 44	Sales over $3m                  6

Source: QV.co.nz

Most expensive sale this year: $4.35m in November 2015, Prosford St, Ponsonby. To find out who sold it and which agents would be best to sell your home go to Hometopia's Agent Selector.

Click here to find your CV

Ponsonby is well and truly a member of the Million Dollar Club nowadays, with Freemans Bay not far behind.

Lots of buyer demand for those cute cottages off Ponsonby Rd and lots of demand from agents for their listings. The area has a number of top-performing agency offices including B&T, Ray White and Harcourts. Custom Residential are gradually infiltrating the neighbourhood from their Grey Lynn stronghold and new entrant, The Property Market offers a slightly different, more boutique approach which seems to be gaining appeal.