December 2025 Housing Market Update

*Includes Barfoot & Thompson Auckland residential sales that have gone unconditional. Excludes Northland and commercial sales.

Auckland housing market has positive and busy year

The Auckland property market had a positive and busy 2025, and its best year’s trading in four years.

“The year ended with a positive flourish for the Auckland property market with property holding on to price gains made in late Spring,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“In 2025 we sold more than 11,000 homes, our highest number in a year for four years, at a median price of $954,000 and an average price of $1,109,000.  

“While prices across the year were down on those for 2024, the number of properties sold has climbed each year for the past four years and were 9 percent higher than sales numbers for 2024. 

“There were two stand out features of trading in 2025

• the first was the number of new listings, which at more than 20,000 properties, was the highest number of new listings we have achieved in the past two decades. Many of them new builds in the form of town houses, apartments and units. 
• the second feature was the number of properties that sold for less than $750,000. We sold more than 2700 properties in this price segment in the year, nearly a quarter of all sales.

“The combination of high new listings and rise in the sale of homes for less than $750,000, in the main to first time buyers and investors, acted as a hand break to sales prices across all price segments.

“In December our median sale price was $980,000 and the average price $1,140,501. These were marginally ahead of where prices have been for the previous three months.

“Sales numbers in December can be problematic given it allows for only three weeks of trading. This year we sold 849 homes in December, which is in line with the numbers we have sold in the month of December for the past two years. 

“Sales of property in the above $2 million price category remained steady, with 61 sales in December, representing 7 percent of all sales in the month. This was the highest number of homes sold in this price segment in a December in four years.

“We listed 867 properties in December, and at month end had total listings of 5332. This is the lowest number of listings we have had at month’s end in 2025.

“The rural and lifestyle markets in the Auckland and Northland regions finished the year with sales for 2025 of $668 million, the highest level in sales in three years. 

“December’s rural and lifestyle sales hit $49 million, a figure in line with activity in November.”

Barfoot & Thompson knows Auckland best. It is the city’s leading real estate company, selling around one in three Auckland residential homes, significantly ahead of all other competitor brands. 

For further information, contact Peter Thompson, Managing Director, Barfoot & Thompson, telephone 09 307 5523 or 027 453 5931 www.barfoot.co.nz.  

Released on behalf of Barfoot & Thompson by Network Communication (Dennis Lynch) telephone 021 963 733, dennis.lynch@networkcommunication.co.nz