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, offering home-hunters more choice and less pressure. This contrasts with a seller’s market, where high competition can lead to faster sales and higher prices.
While the national trend favours buyers, with properties taking around 70 days to sell, some suburbs are exceptions. Pockets like Fendalton in Christchurch and Mount Victoria in Wellington are strong seller’s markets, showing much quicker sales and higher demand than the national average.
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
Author
Discover More
All Blacks vs Ireland: What NZ’s average asking price buys in the Emerald Isle
As the All Blacks face Ireland, we look at how NZ's property market stacks up against the Irish.
'I wouldn't say we agreed instantly': The renovation that brought an old school back to life
A derelict Southland school becomes a vibrant home after a three-year, $250,000 renovation.
Search
Other articles you might like
