What Price Houses Sold For In April 2025
Mon 10, 2025
REINZ figures for April 2025 show New Zealand’s median price declined by 1.1% year-on-year to $781,000, however in New Zealand, excluding Auckland, the median price remained unchanged year-on-year, at $700,000. Auckland’s median price declined by 4.0% year-on-year, at $1,000,000. Seven out of the sixteen regions reported an increase in median prices compared to April 2024. Tasman recorded the highest yearly increase of 8.4%, to $875,000 from $807,550. Southland followed with an increase of 6.6% compared to April 2024, reaching $485,000, up from $455,000
The number of properties sold in New Zealand in April 2025 increased by 9.5% compared to April 2024, rising from 5,871 to 6,427 sales. Excluding Auckland, sales increased 11.1% year-on-year from 4,023 to 4,470. At a regional level, the highest year-on-year increase was achieved by Southland, up 28.7% from 115 to 148 sales. Other regions that experienced notable increases were Manawatu/Whanganui (+19.0%), Waikato (+17.3 %), and Gisborne (+15.9%).
In general, real estate market confidence has continued to be on the rise with increased attendance at open homes and auctions, however there has been a natural slowing as we head into cooler months.
(Scroll to view your region and days on market).
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HOW LONG DOES IT TAKE TO SELL A PROPERTY?
Nationally, median Days to Sell in Asat at 42 days, compared to 41 in March 2025, significantly down from 54 in February, although no change from April 2024.
Methods of sale are returning to 'the norm' with auctions becoming more favoured again - nationally, there were 912 auction sales reported (excluding Auckland, there were 424 auction sales).
Although a personal choice, auctions can get buyers to act more quickly and as one client recently shared 'we like auctions because you see the bidders are real and are not so reliant on what real estate agents are telling them about 'interest' which for some reason they doubted'. Something to keep in mind anyway.
HOW TO COMPARE REAL ESTATE AGENCIES AND AGENTS
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 May 28, 2025 by Trish Willis | Member of the Property Institute of NZ (IPAC)
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