Auckland Property Market Sees Highest Sales in Four Years

The Auckland property market experienced its most robust year in four years, with a significant surge in home sales during 2025. According to Peter Thompson, managing director of Barfoot & Thompson, the region sold over 11,000 homes, marking a 9 percent increase compared to the previous year. The median sale price for properties was reported at $954,000, while the average price reached $1,109,000.

A notable trend in 2025 was the substantial number of new listings, exceeding 20,000 properties. This figure represents the highest number of new listings in the past two decades, with many being new builds such as townhouses, apartments, and units. Thompson highlighted that these factors contributed to a noteworthy dynamic in the market.

One of the standout features of the year was the significant sales of properties priced below $750,000. More than 2,700 properties sold in this segment accounted for nearly a quarter of all sales. This increase primarily attracted first-time buyers and investors, which, according to Thompson, moderated sales prices across all price segments.

The market closed the year on a positive note, with December figures showing a median sale price of $980,000 and an average of $1,140,501. These prices were slightly higher than those recorded in previous months. December, however, typically presents challenges for sales numbers due to the limited trading period, with a total of 849 homes sold, consistent with figures from the past two years.

In the luxury market, sales for properties above $2 million remained stable, with 61 homes sold in December. This category represented 7 percent of all sales for the month, the highest number recorded in this price segment during December for four years.

The listings in December totalled 867 properties, resulting in a month-end total of 5,332 active listings. This is the lowest number of listings at the end of a month throughout 2025, indicating a tightening market.

The rural and lifestyle markets in the Auckland and Northland regions also concluded the year positively, with sales reaching $668 million, the highest level in the past three years. December’s performance in these sectors showed sales of $49 million, reflecting a steady level of activity similar to November.

Overall, 2025 proved to be a pivotal year for the Auckland property market, demonstrating resilience and growth despite challenges in pricing dynamics. The combination of new listings and increased sales in lower price segments played a crucial role in shaping the market landscape.