The local real estate market is seeing an increase in new listings, as well as potential buyers.

Data from the Real Estate Institute of New Zealand shows the number of sales in Dunedin is up 10%.

That's compared to this time last year.

Open homes are being well attended, and there are reports of more buyers from outside the region, which is lifting demand.

There's an increase in the number of local listings, and the average time taken to sell houses remains steady at just over one month.

More than 200 properties were sold in Dunedin last month, at an average price of $280,000.