Property Market Insights

Stay informed with Summit Real Estate. Explore current market conditions across Nelson, Tasman and Marlborough, view our latest sales and understand what’s happening in your local property market.

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Residential December 2025
NELSON | TASMAN | MARLBOROUGH


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How Auction Can Deliver Better Results for Sellers

Summit's auction marketing programme achieves one of the highest success rates in the real estate industry, consistently delivering results that exceed vendor expectations. The auction method is suited to all properties, especially those with unique features, sought-after locations, and situations of high buyer demand.

Auctions let the market determine your property's true value through competitive bidding. Compare this with private treaty where your price may be so high that no one will make an offer, or it could be so low that you run the risk of underselling your property. Through buyers actively bidding and openly competing, Summit has produced some fantastic auction sales with prices well over the vendor's expectations.

The deadline for auction day creates a sense of urgency and helps buyers who may otherwise procrastinate to make a buying decision. When buyers compete openly, competitive bidding often drives prices beyond initial expectations. If there's a premium in the market for your property, the auction method is the most effective means of securing it through this competitive environment.

Auctions eliminate complicated conditions and lengthy negotiations - it's a binding contract on the fall of the hammer with no cooling-off periods, no subject-to-sale clauses, and no last-minute renegotiations.

Marketing without an asking price means buyers judge the features and benefits that the property offers them and removes any objections regarding price. This method exposes the property to the broadest possible range of prospective purchasers.

Your Summit salesperson will provide you with regular market feedback so you will be fully informed when setting your reserve with the auctioneer. We will assist you in setting the terms, conditions and auction day deadline including any specific instructions you have, such as possession date and chattels (your solicitor will vet these).

The auction method has proven time and again to deliver exceptional results for property sellers. If you are considering selling and would like to talk to one of our salespeople about the benefits of auction marketing,

Get in touch today.

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Charity Build for the Top of the South Community Foundation

It is not often you get the opportunity to buy a stunning home with quality fixtures and fittings while getting your fix of altruism by supporting a worthy cause.

This stunning 193sqm new-build set on an easy-care, 508sqm, fully landscaped section in the sough-after Ngati Rarua subdivision was built by Signature Homes as a charity build for the Top of the South Community Foundation.

‘Community Foundations are all about leaving a personal legacy in your community, forever’ says Dave Ashcroft, Chair of the Foundation. ‘Community Foundations build long-term, reliable funding streams for their local communities by investing and growing the gifts they receive. So, you’re not really giving to a Community Foundation, but through it. And the investment model means your generosity will have benefits, forever. We encourage and inspire generous donors to connect with projects and causes that are dear to their hearts. We invest and grow donor’s gifts, distributing the income earned, so that their gift will keep giving for generations to come.’

Top of the South Community Foundation provides the charitable framework, professional financial oversight and governance to ensure your giving generates the maximum good and creates an intergenerational legacy.

Simon Bixley from Signature Homes says;
‘The charity build has received enormous support from Signature’s suppliers and contractors who recognised the positive impact this project will have in due course on our wider Nelson Tasman community.’

For the purchaser of this property, this means a number of extras such as a ducted heat pump system, 2 tiled bathrooms, skylights and a fully landscaped section.

Summit is proud to be able to support this great project which operates in the same rohe as Summit has offices; Nelson, Tasman and Marlborough.

Emma McCashin, from Summit Richmond’s office says;


‘We’d love our loyal client base to help spread the word about this amazing opportunity to support such a great local charity. If you know anyone looking for a new build, with lots of added extras, all ready to shift in, please let them know.’

Visit Top South Foundation

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