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. In November 2024, the average asking price fell to $738,000, a 3.6% decrease year-on-year. The supply of homes for sale has also increased significantly from last year.

Similarly, the rental market saw average rent at $630, with a substantial rise in available properties. Over half of potential buyers feel it's a good time to buy, with many willing to compromise on section size to afford a home.

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