PHOTO: Auckland, New Zealand. FILE
🏡 Auckland House Sales Hit New Highs
Auckland’s property market was in full swing in May, with 1,072 homes sold, up a whopping 27.3% on April and the highest May total since 2021.
According to Barfoot & Thompson Managing Director Peter Thompson, “May was an exceptional month… sales numbers for the third month in a row have set new post-2021 records.”
💬 “From a sales number perspective, the market is humming.” — Peter Thompson
https://www.propertynoise.co.nz/end-of-an-era-for-one-of-aucklands-oldest-retail-icons/
💰 Prices Holding Steady — A Sweet Spot for Buyers?
Despite the buyer activity, prices remain steady, offering excellent value compared to the past two to three years:
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🏷️ Average price: $1,085,751
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▼ Down 2.2% from April
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▼ Down 8.2% from May 2024
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💵 Median price: $928,500
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▼ Down 0.6% from April
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▼ Down 8.3% from May 2024
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Thompson says this “rare moment” of stable prices and high stock is prompting buyers to move quickly.
🏘️ Listings Surge to 9-Year May High
Inventory remains strong, with:
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📥 1,855 new listings in May — a 9-year high for the month
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📦 6,083 homes available at month-end — double the number available in 2021
🏢 Affordable Apartment Boom Reshapes the Market
One of the biggest shifts? The surge in apartment-style homes, which are reshaping the market:
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📊 30% of homes sold in May were under $750,000
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🔄 That’s up from just 7% five years ago
These lower-priced properties are keeping median and average prices in check, while also improving access for first-home buyers.
💎 Luxury Market Stays Strong
High-end buyers are also staying active:
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💼 57 homes priced $2M+ sold year-to-date — the highest since the 2021/2022 peak
🌄 Rural & Lifestyle Sales Surge
Beyond the city fringe, rural and lifestyle markets had their strongest month of 2025, with:
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🌿 Nearly $80 million in sales
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🚜 Sales volumes up 61% from April
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💰 Total sales value up 30% month-on-month
📊 Key Market Stats – May 2025
| 📆 Category | 📍 May 2025 | 📈 vs April 2025 | 📉 vs May 2024 |
|---|---|---|---|
| 🏠 Average Price | $1,085,751 | -2.2% | -8.2% |
| 💵 Median Price | $928,500 | -0.6% | -8.3% |
| 🔁 Number of Sales | 1,072 | +27.3% | +17% |
| 🆕 New Listings | 1,855 | +17.6% | +9.4% |
| 📦 Month-End Stock | 6,083 | -0.5% | +5.6% |
🧠 What It Means For You
✅ Buyers: Now is a rare window to buy at more accessible prices with plenty of choice
✅ Sellers: High buyer demand is lifting sales volume even as prices hold steady
✅ Investors: Apartment-style properties and $2M+ homes are moving — both ends of the market are active
SOURCE: BARFOOTS