Number of Sales September 2025 | Number of Sales October 2025 | Average Number of Days to Sell* | Average Sale Price* $710,000 | |
|---|---|---|---|---|
Nelson | 66 | 93 | 35 Down 5 | $656,500 -0.5% |
Tasman | 66 | 77 | 35 Down 10 | $791,500 ^1.5% |
Marlborough | 85 | 73 | 50 Down 11 | $681,500 -11.4% |
Source: REINZ – New Zealand Property Report, October 2025 *Compared to October 2024, REINZ Monthly Property Report Published November 2025
While price movement varies across the regions, buyer activity remains healthy. Owner-occupiers and first home buyers continue to lead the market, with REINZ also reporting a slight increase in investor activity in Nelson.
REINZ notes that most vendors are approaching the market with realistic expectations, helping facilitate smoother negotiations. Open home attendance is also up—particularly for lower-priced properties in the first two weeks of marketing.
More properties are now being listed for auction, with strong clearance rates recorded for those selling under the hammer. This sits alongside broader shifts in market sentiment, influenced by:
REINZ Chief Executive Lizzy Ryley notes that local salespeople are cautiously optimistic heading into summer, with expectations that the improving momentum will help move older stock that has been on the market for some time.
At Summit Real Estate, we’re seeing these trends reflected on the ground. With rising engagement and a more confident buyer base, now is a great time to position your property for the season ahead.
With six Summit Real Estate offices across the region, expert advice is never far away. Our sales team is ready to guide you, answer your questions, and help you make confident moves in today’s market.
Get in touch or explore the latest listings exclusively marketed by Summit Real Estate