Feature article
Hot seller markets
While mainly a buyer's market, some suburbs are in demand.
AI summary
New Zealand's property market is currently a buyer's market, giving home-hunters more choice, time, and negotiating power. This contrasts with a seller's market, where high demand leads to faster sales and higher prices.
While the national average time to sell is around 70 days, some suburbs are bucking the trend. Hot seller's markets with faster sale times include:
- Fendalton, Christchurch
- Mount Victoria, Wellington
- Hataitai, Wellington
Understanding your local market helps you plan your next move.
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
Tawa’s village vibe keeps Wellington families coming back
Great schools, a strong community and more house for your money: why Wellington families put down roots in Tawa.
A villa renovation with a difference and an eye for detail, by Malcolm Walker Architects and KKID
A Sandringham villa is transformed with clever design, considered details and spaces for family life.
Search
Other articles you might like
