August vs July 2025: What’s Happening in the Taranaki Property Market?
Let's check out August National and Taranaki's property market stats.
Nationwide Snapshot: A Softening Month
Median Price (NZ)
$761,000
July: $767K, August: $761K
Sales Count (NZ)
5,866
July: 6,319, August: 5,866
Days to Sell (NZ)
48 days
July: 48, August: 48
National prices eased 1.2% month-on-month and slipped 0.5% below last year. Sales fell back after July’s lift, while the median time to sell stayed flat at 48 days — still two days quicker than a year ago.
Taranaki in Focus: Softer Month, Solid Year-on-Year
Median Price
$600,000
July: $635K, August: $600K
Sales Count
150
July: 156, August: 150
Days to Sell
50 days
July: 44, August: 50
Taranaki’s median price slipped to $600K — down 5.5% on July but still almost 4% higher than August 2024. Sales dipped slightly to 150, yet remain 7.1% higher than last year. Homes took 50 days to sell, six days longer than July and seven days longer than a year ago, reflecting typical late-winter caution.
Taranaki Market Highlights
Prices ease but hold year-on-year
5.5% MoM drop, 3.9% YoY lift.
Sales resilient
150 homes sold, down 3.8% from July but up 7.1% from August 2024.
Longer selling time
50 days to sell — +6 days MoM and +7 days YoY.
Market Sentiment (REINZ local agent feedback)
- Owner-occupiers continue to dominate activity, with first-home buyers and investors visible.
- Vendors are generally realistic, though some still hope to “wait it out” for a premium.
- Open-home attendance has softened with cooler weather and rising listings.
- Agents expect steady listings and low-to-average sales through winter, with potential OCR cuts set to influence spring activity.
What to Watch in September
Interest-rate moves
Any OCR reductions could boost buyer urgency.
Spring listings
Expect a seasonal surge in new stock.
Buyer confidence
Watch for a lift in enquiries as weather warms.
Tips for Locals
If you’re selling:
- Price sharply — well-priced homes are still moving.
- Highlight winter comforts: insulation, heating, sunny living areas.
If you’re buying:
- Be finance-ready; the best homes still go quickly.
- Stay close to agents — some listings sell before hitting the web.
Final Word
Taranaki’s August numbers show a balanced market: prices have softened since July but remain stronger than last year, sales are steady, and buyer interest persists despite winter’s chill. Smart pricing and strong presentation remain the winning formula as we head toward spring.
