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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The Ministry of Housing and Urban Development has announced new regulations for methamphetamine contamination in rental housing due in 2026.
Methamphetamine contamination levels are not currently set to a level that is agreed upon by differing bodies, some insurance companies apply the level at 1.5µg/100cm2 others and the Tenancy Tribunal apply 15µg/100cm2.
There is also a lack of control and regulation of the Methamphetamine testing and cleaning industry which this bill aims to address.
Read more about the new regulations
Source Ministry of Housing and Urban Development
On Friday, September 19th, the Nelson Tasman community came together for the 4th annual Keir Wilkinson Memorial Golf Tournament, led by Tournament Director Glyn Delany of Summit Real Estate at the Nelson Golf Club. The result? A record-breaking $80,827 raised for Nelson Tasman Hospice, bringing the total raised over the past four years to more than $290,000.
The day delivered everything golfers could hope for—blue skies, sizzling BBQs, flowing drinks, and some superb golf. Highlights included The Shark challenge sponsored by The Car Company, a dream prize draw to play in the national Golf Open thanks to Craigs Investment Partners, and a once-in-a-lifetime Te Ari Links Golf Experience donated by Ben Coman, which sold for $10,000 at auction.
Congratulations to Brown and Associates, who took out first place and claimed the Keir Wilkinson Memorial Trophy with a superb 99 points.
Special thanks go to Summit Real Estate Auctioneer Liam Boshoff, our generous sponsors, donors, and of course the volunteers and organising committee who made the event possible. Most importantly, thank you to the Nelson Tasman Hospice team, whose incredible work inspired the generosity that made this day such a success.
Glyn Delany says the day is not only about golf but about community spirit:
“This event is a celebration of generosity, camaraderie, and support for Hospice, and I’m so proud of what we’ve achieved together.”
The Keir Wilkinson Memorial has become more than just a golf tournament—it’s a community tradition. We can’t wait to see you all again at the 2026 event!
At Summit, we're proud to be part of this amazing local community. Your support has helped us become regional market leaders, and we believe in giving back in meaningful ways. Community sponsorship is at the heart of what we do
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