Auckland Property Market Update – April 2025

Nish Jadav
May 21
2 min read

Updated: Jun 24

As winter sets in and the mornings get colder, the Auckland property market continues to show seasonal softening — but sales momentum hasn’t slowed. April brought a wave of public holidays, yet both national and Auckland-specific data point to increasing activity, particularly at the more affordable end of the market.

Here's your April snapshot — from citywide trends to what’s happening right here on the North Shore.

Auckland Market Snapshot – REINZ Data

The Real Estate Institute of New Zealand (REINZ) provides a broader market overview based on settled sales and agent-reported trends.

🔹 Auckland Highlights (REINZ):

Median price: $1,000,000
- Down 4.0% year-on-year
Sales volumes:1,957 sales in April 2025 — up 5.2% from April 2024
Median days to sell: 42 — down from 37 year on year
House Price Index (HPI):
- Minor decline of 0.3% month-on-month and no change year-on-year
  Note: The HPI tracks the changing value of properties based on type, location, and quality, giving a deeper insight than median prices alone.

Market Insight:Sales are up, but prices remain subdued — suggesting a buyer’s market. With strong inventory levels and buyers cautious on price, sellers need to stay realistic and competitive.

Auckland Market Snapshot – Barfoot & Thompson Data

As Auckland’s largest real estate agency, and selling nearly 1 in 3 homes in Auckland, Barfoot & Thompson’s data offers valuable insight into what’s happening across the region in real time.

🔹 April 2025 Highlights (Barfoot & Thompson):

Properties sold: 842
Highest April figure in 4 years
Median price: $934,000 — down 3.7% from March
Average price: $1,110,689 — down 3.0% month-on-month
New listings: 1,578 — in line with April last year
Total listings on market: 6,113 — near record levels

Market Insight:Affordability is driving activity. First-home buyers and investors are increasingly targeting new-build townhouses and apartments under $750K. Meanwhile, premium listings are holding steady but facing pricing pressure.

The North Shore Property Market

The beautiful North Shore is my local – and I keep a close eye on every shift. April saw increased sales activity but a notable dip in median prices, which may reflect the mix of properties sold rather than a drop in value.

🔹 North Shore Highlights:

Median price: $1,120,000
- Down 8.2% compared to March
- 12-month rolling average: $1,202,577
Monthly sales: 332
- Up 16.9% from 284 sales in April 2024
Median days to sell: 37 - improved by 5 days year-on-year

Local Insight:Well-presented homes, particularly in top school zones and transport-friendly suburbs, continue to attract solid buyer interest. The lower median may reflect more activity in the sub-$1.2M bracket rather than declining demand.

What This Means for You

For sellers:While prices are easing, competition from other listings means presentation and pricing are more important than ever. Winter can still be a great time to sell with fewer properties competing for attention.

For buyers:The current market presents real opportunity — soft pricing, a wide selection, and early signs of interest rate relief. If you're looking to buy, now’s the time to act before spring brings fresh competition.