Feature article

Is winter the secret season for savvy property moves?

Forget spring, new data from Trade Me Property suggests winter could be the unsung hero for Kiwi buyers and sellers.

Alex Hallifax

The winter disconnect: Buyers ready, sellers hesitant

Our recent survey of over 2,800 prospective buyers and homeowners revealed a fascinating trend. Only 14 per cent of homeowners believe winter is a good time to sell, yet a significant 44 per cent of prospective buyers are keen to purchase a home during the colder months.

As Trade Me Property spokesperson, Casey Wylde, puts it, "There's a long-held belief that you should wait until the garden is in bloom to sell your home, but our research shows a large number of buyers are ready to purchase right now." This creates a classic "chicken-and-egg" situation: sellers hold off, leading to fewer options for eager buyers. Sellers who jump in now are likely to reap the rewards!

Why winter works for sellers

Thinking of selling? Winter offers some distinct advantages:

Less Competition: Nearly half (47%) of surveyed homeowners found less competition from other sellers to be a top reason to list in winter.

Serious Buyers: 38% of homeowners noted more serious buyers in the market during winter. These aren't just sticky beaks – they're highly engaged.

Casey Wylde highlights that while some sellers worry their property won't show as well in winter (73% of sellers surveyed had this concern), this is precisely what makes a well-maintained home shine. "If your home is warm, dry, and well-maintained, it will stand out from the crowd and command attention from a pool of highly engaged prospective buyers," she says.

The buyer's edge in winter

For buyers, winter provides a unique opportunity to truly assess a property. Many use the colder, wetter conditions to their advantage, checking how well a home holds up. This means you can spot any potential issues before making a big decision.

Plus, winter buyers enjoy:

Less Competition: 47% of winter buyers are motivated by less competition in the market.

Better Deals: 45% of winter buyers are hoping for a better deal.

Current market snapshot: Prices and trends

While winter offers these opportunities, it's also good to keep an eye on the broader market. The national average asking price recently hit its lowest since September 2024, sitting at $829,650 in June. This is down more than $15,000 (-1.8%) on May and -1.4% year-on-year.

Auckland prices, in particular, have seen a notable decline, down 2.4% month-on-month and 2.7% year-on-year. However, the average asking price in Auckland still remains above the million-dollar mark at $1,005,950.

On the flip side, some regions are seeing solid growth. Otago's average asking price has increased by 6.7% year-on-year, driven by areas like Waitaki, Dunedin, Queenstown Lakes, and Wanaka. Southland also saw a 3.4% increase, and remains one of the most affordable regions. Taranaki and Hawke's Bay are also showing strong year-on-year growth.

Listings on Trade Me Property saw a dip of 9% between May and June, but are still up 4% year-on-year. Demand was down 12% month-on-month but flat compared to June 2024.

Author

Alex Hallifax
Alex Hallifax

Alex is a Marketing Specialist with a passion for all things property. She believes that where we live is about more than just a place to sleep — it shapes how we live. With a love for storytelling, Alex enjoys shining a light on the real experiences of people across Aotearoa, sharing insights that help Kiwi feel more confident and inspired on their property journey.