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.
Summit recently celebrated its 33rd Annual Awards, marking another year of market share growth, company expansion, and individual success. We continue to sell and manage more properties than any other agency in the Top of the South. Thank you to our entire team - this achievement is a true testament to your dedication and hard work!
We ended the financial year on a high note, with twelve of our team members achieving Champion Status:
Congratulations to Vicki Weetman, whose continued energy and positivity earned her the Excellence in Real Estate award, and to Ryan Horncastle, who received the coveted Rookie of the Year award for his excellent sales results.
Our Property Management team continues to set the standard in the region with several new innovations introduced over the past 12 months. Congratulations to our top performers: Avei Douglas and Sarah Crawford.
We also recognised the loyalty and long-standing commitment of several team members:
Samantha Buys,
Viv Smith,
Michael Fox, and
Bevan Dixon.
A long-service acknowledgment was presented to Val Cooper—thank you for your contribution, Val. Congratulations to our Richmond Office, who once again took out the title of Top Office for Sales and Property Management—a great achievement and well-deserved recognition for the whole team.
Last year, we celebrated a major milestone—20 years and 1,000 editions of the Summit Weekly, which remains a powerful tool for connecting people with real estate opportunities. This success is made possible by the strength of our team, our full-service approach, our far-reaching marketing—and most importantly, by you. To every client who has trusted us to sell, manage, buy, or rent—thank you. Your continued support keeps Summit at the forefront of the market, and we’re truly grateful you chose us.
David Turnhout, Operations Manager
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Create AccountSummit Property Management was very responsive, and they have quality professionals assisting the customers. for a year they have been accommodating, especially out property manager Samantha - she coordinated very well and helped us throughout the tenancy. I hope we get a chance again to work in the future. Thank you for all your help!
Across the Top of the South and every corner of our region, our salespeople are renowned for providing exceptional service because our clients deserve nothing less.
Managing thousands of rental properties throughout the top of the South, the region's trusted name in property management saves you time and money, so you can make the most of yours.
With a team of over 100 strong in 6 locations throughout the Nelson, Tasman and Marlborough a friendly Summit branch is likely not too far from where you are.