Low Auckland house prices attract strong sales activity

In our latest housing market update, Peter Thompson reflects on a strong start to 2026 for Auckland property, with high sales activity driven by attractive price levels.

February 2026 housing market by the numbers:

🏠 785 homes sold in February – the highest for the month in five years

📈 1,609 homes sold in Jan–Feb, up 16% on the same time last year

💵 Median price: $904,000 | Average price: $1,013,976

🏷️ 31% of sales were under $750,000

February’s results show buyers are responding to today’s more accessible price points. Median prices were down 9.6% on January and average prices down 13.3% – among the lowest monthly figures seen since the 2022 peak.

Read the full February Housing Market report here.

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