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 market type has more homes for sale than buyers, often leading to lower prices and longer sale times.
In contrast, a seller's market has more buyers than available homes, pushing prices up. While most of NZ is a buyer's market, some suburbs are hot spots for sellers, including:
- Fendalton, Christchurch
- Mount Victoria & Hataitai, Wellington
Understanding your local market helps you plan your property journey.
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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