Taranaki Property Market Update – June vs July 2025

Winter usually slows the market—but July had its own rhythm. Nationally, sales picked up from June and properties moved a touch faster. Here in Taranaki, values strengthened, activity stayed stable, and confidence quietly built. Whether you’re buying, selling, or just watching, here’s your July wrap—straight from REINZ’s latest data.

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Taranaki property Market Update July vs. June 2025


Let's take a look at July's National and Taranaki's property market stats.

Nationwide Snapshot: More Winter Sales, Stable Prices

Median Price (NZ)

$767,250

-0.2% (MoM)
+1.8% (YoY)

June: $770K, July: $767K

Sales Count (NZ)

6,319

+5.4% (MoM)
+4.0% (YoY)

June: 5,865, July: 6,319

Days to Sell (NZ)

48 days

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

June: 50, July: 48

National prices were essentially flat month-on-month, but up on last year. More homes changed hands compared to June, and the time to sell shortened slightly—showing that while winter is still a slower season, buyer activity is ticking along.

Taranaki in Focus: Strong Values, Steady Sales

Median Price

$640,000

+3.2% (MoM)
+5.8% (YoY)

June: $620K, July: $640K

Sales Count

149

+0.7% (MoM)
-2.6% (YoY)

June: 148, July: 149

Days to Sell

45 days

+4 days (MoM)
-12 days (YoY)

June: 41, July: 45

Taranaki’s median price climbed $20K in July to $640,000—comfortably above the same time last year. Sales volume was almost identical to June, showing the market’s holding its ground even in mid-winter. The slight increase in time to sell reflects cooler-season caution rather than weakening demand.

Taranaki Market Highlights

Prices holding firm

Up 3.2% from June and 5.8% year-on-year.

Sales steady

Only one more sale than in June, but volumes remain healthy for the season.

Days to sell longer

An extra 4 days on the market, typical for winter.

Market Sentiment (From REINZ Local Agents)

  • Owner-occupiers remain the most active group, but first-home buyers and investors are still present.
  • Vendors are generally realistic about pricing, although some are holding out for higher offers.
  • Attendance at open homes is lower, which agents attribute to both seasonal weather and more listings available.

What to Watch in August

Interest rates

Any further OCR movements could stir more activity.

Listing levels

With stock already high, buyers have choice—but competition for standout properties remains.

Seasonal shift

Expect continued cautious buyer behaviour until spring brings more momentum.

Tips for Locals

Selling this winter?

  • Don’t wait for spring. The data shows that well-priced homes are still selling—and fast.
  • Highlight winter comforts: heating, insulation, dry living, north-facing sun traps.

Thinking of buying?

  • The winter market may be more relaxed, but good homes are still competitive—be prepared.
  • Keep in touch with agents. Some listings won’t even hit the websites before they sell.

Final Word

Taranaki’s July performance shows a balanced market. Prices are up, sales are steady, and buyers are still active—just more selective. Sellers who price to meet the market are seeing results, and winter hasn’t frozen activity. If you’re buying, you’ll find more choice now than you might later in the year.

Data based on REINZ July 2025 report.

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