Taranaki Property Market Update – December vs November 2025

December closed the year with a calm but confident tone in Taranaki. Prices strengthened, homes sold faster, and buyer interest — especially from first-home buyers — remained visible despite the seasonal slowdown. As the market resets for 2026, the foundations look steady, with realistic vendors and engaged buyers setting the stage for a solid start to the new year.

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December vs November 2025:


What’s Happening in the Taranaki Property Market?

Nationwide Snapshot: End of Year Market Movement

Median Price (NZ)

$786,977

-1.6% (MoM)
+1.4% (YoY)

Nov: $808K, Dec: $787K

Sales Count (NZ)

6,644

-12.2% (MoM)
+8.1% (YoY)

Nov: 7,268, Dec: 6,644

Days to Sell (NZ)

39 days

-1 days (MoM)
-2 days (YoY)

Nov: 40, Dec: 39

December delivered the usual end-of-year slowdown nationally. While sales volumes eased sharply from November, values remained resilient—finishing the year 1.4% higher than December 2024. Homes continued to sell slightly faster than last year.

Taranaki in Focus: November vs December 2025

Median Price

$620,000

+1.3% (MoM)
+2.0% (YoY)

Nov: $612K, Dec: $620K

Sales Count

149

-10% (MoM)
+7.2% (YoY)

Nov: 174, Dec: 149

Days to Sell

28 days

-6 days (MoM)
-6 days (YoY)

Nov: 34, Dec: 28

Taranaki finished the year on a positive note for values, with the median price lifting to $620,000. Sales eased from November, reflecting typical December behaviour, but remain ahead of last year. Homes sold significantly faster, taking just 28 days on average.

Taranaki Market Highlights

Prices edge higher

Median price up 1.3% MoM and 2.0% YoY, finishing the year at $620,000.

Speed to sale improves

Homes sold in just 28 days—6 days faster than both last month and the same time last year.

Abundant choice for buyers

High regional stock levels give buyers plenty of choice, allowing for a measured approach to purchasing.

Active buyer segments

First-home buyers and owner-occupiers remain the most active groups, encouraged by stabilizing interest rates.

Market Sentiment: What Local Agents Are Saying

  • Owner-occupiers remain the most active, with first-home buyers and investors still in the mix.
  • Open home attendance dropped in December due to seasonal holiday distractions and increased choice.
  • Agents expect steady listing levels to continue through the summer months.

Final Word

December closed the year with stability rather than surge. Nationally, activity slowed as expected, but prices held firm. In Taranaki, values strengthened, homes sold faster, and sales volumes remained solid compared to last year. As 2026 approaches, the region enters the new year with healthy fundamentals and cautious optimism.

Data based on REINZ December 2025 report.

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