A market rewarding preparation
TREENA DRINNAN CHIEF AGENCY OFFICER RAY WHITE NEW ZEALAND
The market is giving buyers and sellers plenty to think about, but it also offers something useful: time to make a considered decision, says Ray White New Zealand, Chief Agency Officer, Treena Drinnan.
Prices remain relatively steady, buyers have choice and well-prepared properties are still attracting genuine attention. What has changed is the level of scrutiny applied before action.
Across Ray White New Zealand, 6,093 new listings came to market, an increase of 18.71 per cent compared with the same period last year.
That growth shows owners are continuing to make plans and move forward, even when the wider economic conversation is less certain.
# Listings OTM / 28 days Average
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
Jan Feb Mar Apr May Jun Jul Aug Sep
Source: Ray White New Zealand
2024 2025 2026
The national data reflects a similar picture. Real Estate Institute of New Zealand( REINZ) data shows that prices remained broadly steady in July, while properties took a median of 50 days to sell.
Realestate. co. nz also recorded higher stock levels with asking prices largely unchanged. This is not a market without activity; it is a market where buyers are comparing carefully, and sellers must meet the market to complete a successful transaction.
Within our Ray White network, live listings increased slightly by 1.61 per cent to 1,515 properties.
While buyers have more choice, activity continues to vary between regions and properties. The homes receiving the strongest response are generally those where the presentation, pricing, and marketing work together to give buyers confidence in the opportunity.
RAY WHITE NOW NEW ZEALAND | 14