November vs October 2025:
What’s Happening in the Taranaki Property Market?
Nationwide Snapshot: Prices Lift, Activity Eases
Median Price (NZ)
$808,000
October: $786K → November: $808K
Sales Count (NZ)
7,268
October: 7,505 → November: 7,268
Days to Sell (NZ)
40 days
October: 41 days → November: 40 days
National house prices continued to rise in November, lifting 2.3% month-on-month to a median of $808,000 and sitting 2.3% higher than a year ago. Sales volumes eased from October’s elevated level, down 4.4% month-on-month and 5.7% year-on-year, suggesting buyer demand remains present but more measured. The national median time to sell edged down slightly to 40 days, one day faster than this time last year, while remaining broadly unchanged from October.
Taranaki in Focus: Prices Rise, Faster Decisions
Median Price
$620,000
October: $600K → November: $620K
Sales Count
154
October: 186 → November: 154
Days to Sell
34 days
October: 39 days → November: 34 days
Taranaki’s median price increased to $620,000 in November, continuing the region’s spring recovery. Sales volumes softened after a strong October, while selling times improved noticeably. Homes sold five days faster than in October and nine days quicker than a year ago, highlighting stronger buyer decisiveness for well-priced listings.
Taranaki Market Highlights
Prices strengthen
Median up 3.3% MoM and 6.0% YoY.
Sales ease after October spike
154 homes sold, reflecting seasonal moderation.
Faster selling
34 days to sell — 5 days quicker MoM, 9 days quicker YoY.
Local detail (districts)
Buyer mix broad: Owner-occupiers remain the most active group.
Market Sentiment (REINZ local agent feedback)
- All buyer types were active across Taranaki in November, with owner-occupiers forming the largest group.
- Vendors were generally realistic and responsive to market feedback, supporting quicker outcomes for well-presented homes.
- Open-home attendance remained solid, particularly in New Plymouth, and buyers continue to have a good range of properties to view.
- Local agents anticipate further momentum as summer approaches, particularly if interest rates continue to ease.
What to Watch in December
Seasonal demand
Summer traditionally brings stronger buyer engagement.
Interest-rate movements
Further reductions could lift confidence and urgency.
Speed to sale
Shorter selling times may persist for standout homes.
Tips for Locals
If you’re selling:
- Price sharply — buyers are active but value-conscious.
- Highlight summer-friendly features such as outdoor living and natural light.
If you’re buying:
- Be ready to act — selling times are shortening.
- You can negotiate confidently with the increased number of listings.
Final Word
November reinforces a market finding its summer rhythm. National prices continue to rise, even as sales volumes soften from October’s highs. In Taranaki, price growth and faster selling times point to improving confidence, with well-positioned homes attracting decisive buyers. As summer approaches, conditions favour sellers who meet the market — and buyers who are prepared.
