What Price Houses Sold For In May 2025
Mon 10, 2025
REINZ figures for May 2025 show New Zealand’s median price declined by 0.9%, to $763,000, however in New Zealand, excluding Auckland, the May median price remained unchanged year-on-year, at $689,000. Auckland’s median price declined by 3.5%, to $975,000. Eight out of the sixteen regions reported an increase in median prices compared to May 2024. Southland had a notable increase of 10%, while West Coast was up 6.2%.
The number of properties sold in New Zealand in May 2025 increased by 8.9% compared to May 2024, rising from 6,579 to 7,166 sales. Excluding Auckland, the number of sales increased 11.3%, from 4,593 to 5,114. At a regional level, Northland recorded the highest year-on-year increase, rising 33.3%. Other regions that experienced notable increases were Tasman (+29.7%), Marlborough (+23.1%), and Manawatu-Whanganui (+18.7%).
In general, real estate market confidence has continued to be on the rise with a moderately more active market as the country heads into the winter season.
(Scroll to view your region and days on market).
Find out how much it costs to sell a house here
HOW LONG DOES IT TAKE TO SELL A PROPERTY?
Nationally, median Days to Sell in May sat at 47 days. However using an agent vetted by Agent Finder NZ is proven to reduce the number of days it takes to sell a property.
COMPARE REAL ESTATE AGENTS AND AGENCIES FIRST
Current market conditions, with ample stock, continue to amplify the importance of choosing a highly competent real estate agent with strong negotiation skills, rather than settling for an average one.
If contemplating selling a residential property, a farm or lifestyle block and wanting assurance that your real estate agent has been proven competent, request a list of vetted real estate agents - it's a free service for New Zealand vendors selling all property types.
Get in touch or call 0800 789 532 or find out more first - we're here to help.
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Page updated June 18, 2025 by Trish Willis | Member of the Property Institute of NZ (IPAC)
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