Taranaki Property Market Update – March vs April 2025

The air cooled in April, and so did the property market—but what does that mean for us here in Taranaki? Whether you’re eyeing your first home or thinking about making a move, here’s your numbers-based, region-focused update comparing March and April 2025.

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Taranaki Property Market Update
March vs April 2025


Taranaki stays strong while nation cools

Autumn Puts on the Brakes

Median Price (NZ)

$781,000

-1.14%

March: $790K, April: $781K

Sales Count (NZ)

6,427

-15.88%

March: 7,640, April: 6,427

Days to Sell (NZ)

42 days

+1 day

March: 41, April: 42

After a lively March (with sales up 12.8% YoY), April brought a 15.88% drop in national sales. Prices saw a slight decrease to $781,000—suggesting less urgency, but no fire sales either.

Taranaki in Focus: Solid and Steady

Median Price

$620,000

+3.3%

March: $600K, April: $620K

Sales Count

166

-9.3%

March: 183, April: 166

Days to Sell

44 days

+7 days

March: 37, April: 44

While the rest of the country cooled off, Taranaki prices actually rose by $20,000—a promising sign for sellers. Sales volumes dipped slightly (-9.3%), and homes are selling in 44 days.

Local Highlights: Taranaki Defies National Trend!

Median Price Up

The Taranaki median price increased to $620,000, up from $600K in March—bucking the national trend.

Slower Sales Cycle

Days to sell increased by 7 days to 44 days, indicating a slight cooling, but still active.

Listings Still Competitive

While sales volume dipped slightly, buyer demand is still holding firm, unlike the national market.

What to Watch This Winter

Sellers

Can feel confident listing, especially with prices on the rise and fewer competing homes on the market.

Buyers

May benefit from slightly reduced competition and more negotiating room than in summer.

Tips for Taranaki Locals

Thinking of Selling?

  • Highlight warm features and insulation—comfort sells in cooler months!
  • Consider listing sooner rather than later to catch active winter buyers.

Keen to Buy?

  • Pre-approval is key. With fewer listings, you’ll want to act fast when the right home appears.
  • Keep an eye on pricing trends—Taranaki is defying the national pattern.

Final Word

In short? Taranaki’s holding its ground. While the rest of the country eases up, our region shows strength in pricing, a slightly slower turnover, and steady buyer demand.

Data based on REINZ March & April 2025 reports.

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