📉Auckland Property Market Update – June 2025

Is the market stabilising or just catching its breath?

As we move into the winter months, the Auckland property market is showing signs of steadying after a prolonged period of adjustment. According to the latest figures from the REINZ June 2025 Monthly Property Report, the numbers point to a market that is active but measured.

 Median Price: $990,000

Auckland’s median house price dropped by 3.4% year-on-year to $990,000. However, the month-on-month figure increased by 1.0%, offering a glimmer of resilience in a slower-moving market.

“Vendor expectations were mainly realistic… motivated sellers are adjusting to meet market levels.”
– Lizzy Ryley, REINZ Chief Executive

Buyers are active, but they're cautious—taking their time, weighing up options, and only moving when the price is right.

 Sales Activity: Up Year-on-Year

June saw 1,774 property sales in Auckland, a 17.8% increase from June 2024. However, compared to May this year, sales dropped by 18.3%, reflecting seasonal cooling or buyer hesitancy.

 Days to Sell: 49 Days

The median number of days to sell a property in Auckland increased to 49 days, up 2 days from last year, and higher than the 10-year June average of 43 days. This aligns with a more deliberate pace in the market, where urgency is low and negotiation plays a key role.

 Suburb Breakdown: Mixed Results

While most parts of Auckland saw median prices ease back, some areas held steady or even rose slightly:

Rodney stands out with a 3.2% year-on-year increase, hinting at ongoing demand in lifestyle and coastal fringe suburbs.

 Inventory & Market Sentiment

There were 29 weeks of housing stock available in June – four weeks fewer than a year ago. This drop in supply may help support prices if demand remains consistent.

Auction rooms are reportedly busier, with some listings attracting multiple bidders. Open home attendance is holding steady. However, high stock levels and reduced interest rates have created a more stable but subdued market atmosphere.

 Market at a Glance

Median Price

Sales Count

Days to Sell

Regional Snapshot

 Outlook: “Slow and Steady”

Local agents predict more of the same heading into the second half of 2025—moderate activity, stable pricing, and realistic expectations. For buyers, it’s a good time to shop carefully. For sellers, pricing right from the outset is key.

 Want to know how your suburb is performing?
Get in touch with our team for a personalised property update or a free appraisal.

https://www.reinz.co.nz/Web/Web/News/News-Articles/Market-updates/REINZ_June_2025_Data_Property_Market_Steady_Overall_But_Regional_Activity_Gains_Pace.aspx?name=REINZ_June_2025_Data_Property_Market_Steady_Overall_But_Regional_Activity_Gains_Pace