Number of Sales August 2025 | Number of Sales September 2025 | Average Number of Days to Sell* | Average Sale Price* $710,000 | |
|---|---|---|---|---|
Nelson | 51 | 66 | 32 Down 19 | $720,000 ^9.1% |
Tasman | 56 | 66 | 42 Down 15 | $780,000 ^4.0% |
Marlborough | 68 | 85 | 55 Up 6 | $650,000 -4.4% |
Source: REINZ – New Zealand Property Report, September 2025 *Compared to September 2024, REINZ Monthly Property Report Published October 2025
Compared with August 2025, the median price remained steady, while the sales count lifted by 14.2%, reflecting renewed buyer confidence heading into spring.
At Summit Real Estate, we’re seeing first-home buyers lead the charge, with increased investor enquiry in Blenheim. Most vendors are pricing realistically, supported by greater access to local market insights and a clear understanding of buyer expectations.
While open home attendance has been influenced by the weather and school holidays, market sentiment remains positive, helped by lower interest rates, higher stock levels, and renewed buyer confidence. The median days to sell sits at 43 days, just above the 10-year average, a sign of improving momentum.
As the season unfolds, our team remains cautiously optimistic. Spring traditionally drives new listings and activity, and we expect the coming months to offer fresh opportunities for both buyers and sellers across Nelson, Tasman, and Marlborough.
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