🏡 June 2025 Auckland Property Market Update

A winter chill in the air – but the Auckland Property market’s not frozen just yet ❄️

Is the Auckland property market in a winter snooze? Not quite. While the weather’s cooled off, the market’s quietly chugging along — with the North Shore holding steady, auctions still doing their thing, and buyers tiptoeing (not sprinting) toward deals. We’ve wrapped up the latest stats, added a few cheeky insights, and served it all up below in a winter-ready market update.

Put the kettle on and dive in. ☕👇🌊

North Shore Property Market Update: Holding Steady, Riding the Mid-Winter Waves

North Shore's my local - I keep an eagle eye on the market - if you're curious about your North Shore suburb - get in touch today Winter might be here, but the North Shore market isn’t hibernating. It’s doing that classic Kiwi thing – rugging up, getting on with it, and still showing up to open homes in puffer jackets.

Here’s the tea:

• Median price came in at $1,190,000, nudging up 1.7% from May, and just a smidge (0.83%) down from this time last year.

  
  

• Sales volumes? Up a whopping 41% year-on-year with 276 sales – that’s more homes changing hands than mid-year Secret Santa gifts.

• Days to sell is now sitting at 51 days, which is a few days longer than buyers took in May – but hey, it’s winter, we all slow down a little.

Buyers are active, sellers are getting realistic, and while the frenzy of yesteryear isn’t back, good properties are still getting snapped up. Think “slow burn,” not “frozen.”

📊 Nationwide Trends (REINZ): A Stable Market with Personality

Across the country, we’re seeing the market settle into a comfortable rhythm — like your favourite winter hoodie: not flashy, but reliable.

• NZ median price stayed flat at $770,000 – holding strong like a stubborn lid on a jar of pickles.

• Auckland’s median dipped a little to $990,000, down 3.4% YoY.

• Outside of Auckland? A modest rise to $691,500 – because some regions are clearly drinking the “growth smoothie.”

• The House Price Index (HPI) ticked up slightly 0.3% YoY, though it slipped back a touch from May.

In the words of REINZ CEO Lizzy Ryley:

“Stable median prices reflect a market that’s more balanced – but with some regions starting to stretch their legs again.”

In other words: the market’s not galloping, but it’s definitely not snoozing either.

🔄 Sales Volume: Momentum Building Beneath the Surface

Sales are on the up! People are buying again, just maybe not shouting it from the rooftops.

• 5,865 homes sold across NZ in June – up 20.3% from last year.

• Auckland alone saw 1,767 sales, up 17.4% YoY.

• Other MVPs: Gisborne (+70%), Southland (+34.9%), and Bay of Plenty (+33.3%). Who knew winter could be this social?

But here's the twist – new listings dropped 2.5%, and Auckland was down 0.9%. Fewer fresh homes, more keen buyers? Something’s gotta give.

🧊 Why So Slow? Median Days to Sell Creeps Up

Nationwide, homes took 50 days to sell on average – up 3 days from June last year.Auckland? 53 days – clearly browsing before committing, like they’re on the real estate version of Tinder.

Buyers have options and they’re weighing them. But when the right property pops up, they’re still ready to pounce.

🔨 Auctions: Still Packing a Punch in Auckland

• Auctions made up 11.5% of national sales, but in Auckland? They’re still hot – with 361 homes selling under the hammer (that’s 20.4% of sales).

• It’s clear: If vendors are serious and price realistically, they’re still getting results – sometimes with multiple bids flying across the room faster than a sausage roll at a school gala.

🏠 Barfoot & Thompson’s Take: Solid, Even With the Winter Fog

Barfoot & Thompson’s June numbers paint a clear picture: prices are climbing, but the number of new listings is dropping like your motivation on a rainy Monday.

Auckland’s biggest agency (selling 1 in 3 houses in Auckland - we know the market ;-)) reported a strong showing:

• Median sale price: $981,500 – up 5.7% from May

• Average sale price: $1,130,835 – up 4.2% from May

• Sales count: 876 – down from 1,072 last month, but well up on the same time last year (681)

• New listings: 1,405 – a noticeable drop from last month’s 1,855

• End-of-month stock: 5,831 – still solid, but lower than May’s 6,083

Peter Thompson, MD, summed it up:

“This is the most active June we’ve seen in three years.”

So while it may feel like the market’s wearing Ugg boots and sipping soup, there’s plenty happening beneath the surface.

💬 Final Thoughts

The North Shore is humming along nicely, Auckland’s market is balancing out, and the rest of the country is throwing in a few curveballs.

Winter might not be peak selling season, but if the numbers are anything to go by, this isn’t a sleepy market. It's more like a well-caffeinated one in a puffer jacket — moving steadily, cautiously, but confidently toward spring.

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