A nationwide spring farm buying spree has not yet hit Wairarapa, according to Real Estate Institute of New Zealand figures.
New Zealand farm sales are up 85 per cent on the three months to the end of November 2011, compared to the same three months last year - a risefrom 170 farm sales to 315.
Sales in the three months to November - 315 - was also 10 per cent higher than the three months to October.
In the Wellington region however, which is mostly Wairarapa, the same three-month rolling total dropped from 18 at the end of October to just 12 at the end of November.
This was the highest fall around the country, but compares favourably to last year when two greater Wellington farms were sold in three months to November.
It also appears buyer interest is restricted to those farms at the top of the real estate ladder.
REINZ representative Brian Peacocke said the farm market was "still a bit hesitant" and with "anything less than top shelf, the interest wanes quite dramatically".
