Feature article

Hawke’s Bay regional property market insights

A snapshot of the Hawke’s Bay property market.

Al Hall
Last updated: 3 December 2024 | 3 min read
AI

AI summary

The Hawke’s Bay property market shows signs of cooling, with the average asking price at $738,000 in November 2024, a 3.6% decrease year-on-year. Property supply has increased significantly, giving buyers more choice with 1,128 homes listed for sale.

In the rental market, the average rent was $630. While flat year-on-year, available rental listings grew substantially. Despite price adjustments, buyer sentiment remains positive, with over half of respondents believing it's a good time to buy.

Hawke’s Bay regional property market at a glance - residential properties for sale

Hawke’s Bay regional property market at a glance - residential properties for rent

You'll find heaps of Napier homes for sale on Trade Me Property.

Current buyer and seller behaviour in Hawke’s Bay/Te Matau-a-Māui

Beautiful beaches are just one of the great things about living in the Hawke's Bay.

Why live in Hawke’s Bay/Te Matau-a-Māui?

Author

Al Hall Al Hall
Content Writer