Taranaki Property Market Update – January 2026 vs December 2025

Following December’s steady close to 2025, the new year brought the expected holiday slowdown. National prices eased, sales volumes dipped sharply, and properties took longer to sell. In Taranaki, values softened slightly, but year-on-year performance remains positive — suggesting the market is adjusting rather than retreating as 2026 begins.

Share


Taranaki Property Market Update
December 2025 vs January 2026


What's happening in the Taranaki property market?

Nationwide Snapshot: Summer Slowdown Evident

Median Price (NZ)

$753,106

-4.7% (MoM)
+0.4% (YoY)

Dec: $786,977, Jan: $753,106

Sales Count (NZ)

3,387

-44.4% (MoM)
-5.4% (YoY)

Dec: 6,644, Jan: 3,387

Days to Sell (NZ)

54 days

+15 days (MoM)
0 days (YoY)

Dec: 39, Jan: 54

January reflected the traditional post-holiday reset. Median prices eased month-on-month but remain slightly ahead of January last year. Sales volumes fell sharply—a common January pattern—and properties took longer to sell nationally.

Taranaki in Focus: Seasonal Adjustment, Solid Comparisons

Median Price

$602,500

-2.8% (MoM)
-4.4% (YoY)

Dec: $620K, Jan: $602,500

Sales Count

127

-15.3% (MoM)
+13.4% (YoY)

Dec: 150, Jan: 127

Days to Sell

45 days

+17 days (MoM)
-2 days (YoY)

Dec: 28, Jan: 45

Taranaki mirrored the national trend with a softer January. The median price eased modestly after December’s lift, and homes took longer to sell as buyers returned gradually from summer holidays.

Taranaki Market Highlights

Sales volumes up annually

13.4% higher than January last year, showing strong underlying demand despite the seasonal dip.

Faster selling times YoY

At 45 days, properties are selling 2 days quicker than January last year, remaining competitive.

Balanced Conditions

Increased stock levels continue to give buyers negotiating room as the market recalibrates.

Market Sentiment: REINZ Local Agent Feedback

  • The 2026 property market opened the year at a steady pace, shaped by the usual January slowdown, seasonal holiday patterns, and unsettled weather across parts of the country.
  • Median prices holding firm, with national prices rising slightly above January 2025, even as sales counts softened.

What to Watch in February

Lifting Activity:

Buyer activity traditionally lifts through late summer as the "holiday haze" clears.

Rate Stability:

Interest rate stability may support renewed confidence and decision-making.

Presentation Matters:

Well-presented homes are still attracting significant attention in a crowded market.

Tips for Locals

Selling?
  • Accurate pricing is key in a market where buyers are deliberate.
  • Strong presentation helps your property stand out among increased stock.
Buying?
  • Extended selling timeframes offer opportunities to negotiate thoughtfully.
  • Act before autumn momentum builds and competition potentially increases.

Final Word

January signals a seasonal pause, not a downturn. While activity softened nationally and locally, Taranaki’s sales volumes remain strong year-on-year and days to sell remain competitive compared to last year. As the holiday haze clears and buyer engagement returns, the region enters 2026 with steady foundations, realistic vendors, and cautiously optimistic momentum.

Data based on REINZ January 2026 report.

Be the first to see the latest news and advice

"*" indicates required fields

We will only contact you with relevant information. For further information view our full Privacy Policy.

Related News, market insights & advice

Screenshot 2026-01-22 140351
Taranaki Property Market Update - December vs November 2025
December closed the year with a calm but confident tone...
221369-mountain-bike-track-at-lake-mangamahoe-web-version-1920px
Taranaki Property Market Update - November vs October 2025
National house prices continued to rise in November, lifting 2.3%...
Taranaki Story 117 Visitor Live Environment day time people exercising native bush Pukekura Park
Taranaki Property Market Update - October vs September 2025
Spring momentum continued into October. Nationally, prices and sales rose...
MCD regions map v01
New Plymouth and its suburbs explained
Known to locals as New Zealand’s hidden gem, New Plymouth...

Property documents

"*" indicates required fields

Please fill out the form below to access the available property documents.

We will only contact you with relevant information. For further information view our full Privacy Policy.