Feature article
Hot seller markets
While mainly a buyer's market, some suburbs are in demand.
AI summary
New Zealand is currently a buyer's market, giving home-hunters more choice and negotiating power. This means there are more properties for sale than active buyers, leading to longer sale times.
However, some suburbs are bucking the trend and are strong seller's markets with high demand:
- Seller's markets: Fendalton, Mount Victoria, Hataitai
- Buyer's markets: Cambridge, Masterton, Carterton
Understanding your local market conditions is crucial for setting realistic expectations when buying or selling your home.
What is a buyer's market?
Advantages for buyers:
What is a seller's market?
Advantages for sellers:
Why does it matter?
Days on site heat map
| Suburb | Number of listings YoY change | Listing views YoY change | Average days on site May 2025 | ||||
|---|---|---|---|---|---|---|---|
| Fendalton, Christchurch | Fendalton, Christchurch | -34% | -34% | +60% | +60% | 34 | 34 |
| Mount Victoria, Wellington | Mount Victoria, Wellington | +63% | +63% | +54% | +54% | 45 | 45 |
| Hataitai, Wellington | Hataitai, Wellington | +5% | +5% | +16% | +16% | 43 | 43 |
| Suburb | Number of listings YoY change | Listing views YoY change | Average days on site May 2025 | ||||
|---|---|---|---|---|---|---|---|
| Cambridge, Waikato | Cambridge, Waikato | +4% | +4% | -11% | -11% | 78 | 78 |
| Masterton, Wellington | Masterton, Wellington | +10% | +10% | -2% | -2% | 80 | 80 |
| Carterton, Wellington | Carterton, Wellington | +19% | +19% | +7% | +7% | 78 | 78 |
Aotearoa as a whole
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