PHOTO: Latest data from realestate.co.nz reveals national stock has dipped. Vanessa Williams, spokesperson for realestate.co.nz
📈 Quick Stats (JULY 2025)
| 📊 Metric | 🏡 July 2025 | 🔄 Monthly Change | 📉 Annual Change |
|---|---|---|---|
| Total Housing Stock | 30,430 listings | ↓ -6.0% MoM | ↓ -0.4% YoY |
| National Average Asking Price | $858,189 | ↑ +0.1% MoM | ↑ +0.6% YoY |
| % Listings Below $850K | 58.5% | ✅ Positive Trend | – |
| New Listings Nationwide | 7,737 | ↓ -4.2% YoY | – |
🏘️ 60% of NZ Property Listings Now Below $850K — First Home Buyers, Take Note
There’s a tightening squeeze on available homes across Aotearoa, but for buyers ready to act — especially first home buyers — the conditions are surprisingly in your favour.
Latest data from realestate.co.nz reveals national stock has dipped by almost 2,000 properties for the third month running, landing at just 30,430 listings — a significant sign that buyer demand remains steady.
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But here’s the kicker:
💰 Nearly 60% of all new listings were priced below $850,000 — a rare sweet spot for first-time buyers.
🧠 Expert Insight: Smart Sellers Are Still Closing Deals
According to Realestate.co.nz spokesperson Vanessa Williams:
“Buyers haven’t disappeared — in fact, they’re ready and waiting. The vendors who are realistic with pricing are selling, often with less competition on the table.”
With just 31 days until spring, now might be the moment to act before the market heats up.
📉 Inventory Trend – Monthly Housing Stock (2025)
🗓️ Stock listed on realestate.co.nz by month:
| Month | Listings |
|---|---|
| Jan-25 | 32,412 |
| Feb-25 | 35,712 |
| Mar-25 | 36,870 |
| Apr-25 | 35,924 |
| May-25 | 34,415 |
| Jun-25 | 32,384 |
| Jul-25 | 30,430 |
🔻 Three months of consistent declines point to growing pressure on buyers to move quickly.
🌏 Regional Rollercoaster: West Coast Leads Price Gains
While the national average asking price is up a modest 0.6% YoY, regional fluctuations tell a very different story.
📈 Regions with Year-on-Year Price Growth:
-
West Coast: $500,000 — ↑ 25.3% YoY
-
Nelson & Bays: $874,818 — ↑ 2.6% YoY
-
Northland: $843,362 — ↑ 9.8% YoY
📉 Regions with Price Declines MoM & YoY:
-
Central Otago/Lakes District: $1,437,577 — ↓ 8.5% YoY
-
Marlborough: $725,377 — ↓ 13.6% YoY
-
Wairarapa: $711,778 — ↓ 3.2% YoY
-
Wellington: $807,503 — ↓ 3.0% YoY
🧭 “Every region has its own rhythm. Local market knowledge is critical,” says Williams.
🆙 Regional Standouts: Where Listings Grew
While most of NZ saw a stock decline, these areas bucked the national trend:
-
📍 Gisborne: +35.5% YoY (123 listings)
-
📍 West Coast: +20.6% YoY (316 listings)
Perfect opportunities for buyers wanting more choice and less competition.
🧮 New Listings: Some Regions Surge
National new listings hit 7,737 in July, down 4.2% YoY — but Northland, Gisborne, and Taranaki showed solid gains:
-
Northland: +26.3% YoY
-
Gisborne: +54.5% YoY
-
Taranaki: +34.3% YoY
📢 Final Word: Smart Buyers Should Move Now
With so many properties sitting under the $850K mark and buyer interest holding steady, those who have their finance in place and expectations set are already securing homes.
⏳ Spring is coming, and with it, more listings — but also more competition.
💡 CTA: Want to stay ahead of the next wave of listings?
📩 Sign up for alerts, bookmark your regions, and keep checking back — because the best buys are going fast.