Stay informed with Summit Real Estate. Explore current market conditions across Nelson, Tasman and Marlborough, and understand what’s happening in your local property market.
Want to know what properties have sold in your area?
Browse Summit’s recent sold listings or speak with one of our local salespeople for expert, suburb-specific insights.
The latest data from the Real Estate Institute of New Zealand (REINZ) shows a steady but cautious market across the Top of the South.
Mar-26
Feb-26
Mar-25
Nelson
710,000
738,768
650,000
Tasman
794,000
674,000
655,000
Marlborough
710,000
860,000
851,000
Nel/Marl/Tas Region
749,000
760,000
738,000
Source: REINZ, Data Compared to March 2025, REINZ Monthly Property Report Published April 2026.
Properties are selling faster, with the average days to sell now at 38 days. Four days quicker than March 2025. Sales activity also increased 32.4% from February, reflecting a lift as buyers returned to the market after summer.
Median prices dipped slightly, down 1.4% from February, but are up 1.5% compared to March last year, indicating overall price stability.
The market continues to be driven by owner-occupiers and first home buyers, with less activity from investors and the top end. At the same time, higher stock levels are seeing vendors price more realistically to meet the market.
Open home attendance has remained consistent throughout campaigns. While fewer auctions were held, those that did take place achieved solid clearance rates.
Market sentiment remains cautious. Buyers are active but more considered in their decisions, influenced by wider economic factors. With stock levels still elevated, both buyers and sellers are approaching the market carefully.
Overall, conditions are balanced. Well-presented and well-priced properties continue to attract interest and achieve results.
Read more Property Reports
If you’re searching for professional property management for your investment property, you’re not alone. Many landlords across Nelson, Tasman, and Marlborough are looking for a more reliable, stress-free way to manage their rentals and maximise returns.
Whether you’re dealing with poor communication, unreliable tenants, or the time pressure of self-managing, the right property management team can make all the difference.
That’s where Shift to Summit comes in.
Your investment property should be working for you — not creating unnecessary stress.
A professional property management service helps you:
Secure quality tenants through thorough screeningMaintain your property with proactive inspections and maintenanceEnsure consistent rental income and minimise vacancyStay compliant with ever-changing tenancy regulationsFor many landlords, making the move to a trusted property management company is the key to protecting and growing their investment.
At Summit, we provide a full-service property management solution designed to give landlords complete peace of mind.
Our experienced team offers:
A dedicated property manager as your single point of contactEnd-to-end management, from tenant selection to maintenance coordinationRegular communication and reporting so you’re always informedLocal expertise across Nelson, Tasman, and MarlboroughWith over 30 years of experience and the strength of the region’s largest real estate network, we connect your property with the right tenants and deliver consistent results.
One of the most common concerns we hear is:
“Is switching property managers difficult?”
The answer is no.
With Shift to Summit, we make the process simple and seamless. Our team handles:
Communication with your current property managerTransfer of documentation and tenancy detailsA smooth transition for both you and your tenantsYou can enjoy better service — without the hassle.
Shift to Summit is ideal for:
Landlords unhappy with their current property managerPrivate landlords ready to hand over the day-to-day managementNew or first-time investors wanting expert guidanceNo matter your situation, our goal is to make property ownership easier and more rewarding.
Limited-Time Offer: 3 Months Free Management FeesTo help you get started, we’re offering 3 months free property management fees when you make the shift.
It’s a great opportunity to experience the benefits of professional management while improving the performance of your investment.
Terms & Conditions: Summit requires a minimum 12-month management term. The 3 months free fees offer cannot be used in conjunction with any other promotion or discount.
If you’re ready to move to a more professional, proactive property management service, now is the time.
Book your free rental appraisal or learn more here
Or speak to your local Summit Property Management team about how we can support your investment goals.
Summit Property Management is proud to be part of a community that looks out for one another, and that means supporting important research to help shape the future of housing in our region.
Age Concern Nelson Tasman is currently running a housing survey to better understand the experiences and future needs of older residents across Nelson and Tasman. This is valuable work and we encourage the community to get involved.
Who can participate?
The survey is open to two groups:
Homeowners aged 55 and overRenters aged 65 and overEach survey takes around 5 minutes to complete, and your responses will help inform future housing planning and decision-making right here in our community.
Plus - You Could Win!
As a thank you for your time, participants who wish can optionally provide their contact details to go in the draw to win a $100 PAK'nSAVE voucher. This is entirely optional and won't be linked to your survey answers.
Be Quick - Surveys Close 19 April 2026.
If you or someone you know fits either of the above groups, we'd love for you to take five minutes to share your experience. Every response counts toward building a better picture of what our older residents need now and in the future.
👉 Homeowners aged 55 and over 👉 Renters aged 65 and over
At Summit Property Management, we believe good housing outcomes start with listening to our community. Thank you for helping to make that possible!
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.