Richardsons Real Estate -

/Monthly Market Update - December 2025

National median property value sits at about $808,430, which is 1% lower than December 2024, and around 17.6% below the 2022 peak. Regions are mixed: Tauranga, Dunedin and Christchurch saw small value rises; Auckland, Hamilton and Wellington were softer.
OneRoof’s annual 2025 data shows a sluggish year overall with some standout suburbs (Moana, Omaha, Waiheke Island, Ahuriri) posting >10% growth. Wellington City saw one of the largest drops among big centres.

Realestate.co.nz data shows December listings were up year-on-year, with around 4,900 new properties coming to market, and stock at its highest December levels since 2014. Bay of Plenty led regions with a substantial increase in new listings.

Realestate.co.nz figures show plentiful stock and steady pricing, creating conditions that favour buyers; yet buyers are cautious and holding back, likely waiting on interest rate movements or clear signs of prices starting to increase.

Average house value according to QV is $654,854*
Median Sale price for Hauraki District in December 2025 is around $630,000
Prices up 7.4% over the last 3 months (to late 2025), reflecting stronger local momentum.
Average rents in Hauraki around $565/wk (Sept 2025).
Ngatea is the most expensive Hauraki suburb; Paeroa the most affordable.

Average house value according to QV is $1,186,081
Median Sale price for Thames-Coromandel in December 2025 is around $995,000
Property values in Thames-Coromandel have risen 3.2% over the past 3 months to late 2025.
Hahei is the highest-value suburb (average value $1.74m, due to some large sales skewing the figures), Thames the most affordable (average value $665k).
Prices grew over the long term at about 4.8% annually (20-year trend).

Thames-Coromandel remains strong given lifestyle demand and relative affordability outside big cities.

* What QV means by average house price is the automated mean of all estimated property values in the area, not just homes that sold that month