The market! The market seemed to hit a bit of a wall mid-May, after 2-3 months of sustained high levels of activity on all price points. Our higher end stock has slowed a little this month but our first home market is still ticking away nicely! As we write this we are about to present 8+ offers on a property, this property is well priced, presented and promoted, that’s the key! Winter will go quickly and following that we should see the best periods in Real Estate for our region than we have seen for a few years, bring it on!

Number of Sales May 2025

Number of Sales May 2024

Average Number of Days to sell

Average Sale Price

Nelson

85

70

45 Down 25

$685,000 ^2.2%

Tasman

83

52

47 Down 4

$790,000 ^1.3%

Marlborough

80

36

40 Up 4

$650,000 Down 5.1%

Source: REINZ May 2025 New Zealand Property Report. Data Compared to May 2024.

The Power of Numbers

When it comes to real estate, size matters. Summit Real Estate has the largest sales team in the Top of the South, and that scale directly benefits you. With 50+ agents working together across six local offices, we bring unmatched market reach, expertise, and buyer connections to every property transaction.

Our networked approach means every listing is exposed to more potential buyers, increasing competition and achieving better results. We don’t just work as individuals—we collaborate across our team to match buyers and sellers, ensuring no opportunity is missed.

Having the biggest team also means more local knowledge. Our agents are deeply connected to the communities they serve, providing insight into market trends, buyer demand, and pricing strategies that deliver the best outcomes.

Whether you’re selling, buying, or investing, choosing Summit means choosing a team with proven success, the widest reach, and the power to get results.

Ready to make your move? Contact the team today.