AUGUST 2026 PROPERTY MARKET UPDATE ON RESULTS FOR JULY 2026
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NORTHLAND in a SNAPSHOT: Volume DOWN – 18.5% on 2025 and DOWN on last month – 10.2% with median price UP + 3.8% on 2025 and UP + 7.0% on last month, days to sell sitting at 56 days.
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July 2026 saw Northland continue in a typical winter market with sales and prices steady. Both second home buyers and first home buyers again were the most active in our market during the last month with no sign of this letting up.
Properties prices are steady with some properties achieving good results where they are very well presented without the need for any maintenance catch up. This continues to see the lower 1/3 properties selling well and we continue to see improved sales in the middle 1/3 also, however our upper 1/3 where prices are over $1m continues to be slower and interest seems to depend mostly on the type, presentation (condition) and location of the property.
We also continue to see new listings coming to market with Whangarei now sitting at 948 properties being marketed for sale.
If you are thinking of Selling, we would love to work with you to get the best result, so call us now for a FREE PROPERTY APPRAISAL and we’ll discuss this with you.
For overall Price Movement – See the 5 year price graph below which highlights pricing movement
NATIONAL OVERVIEW: (by REINZ)
“July 2026 data shows a New Zealand housing market where prices remain steady and sales sit within a normal historical range, but the pace of activity has slowed as buyers remain cautious and regions continue to diverge.
The national median sale price of $760,000 was down 0.7% year-on-year, while sales were down 10.0% compared with July 2025.” says Lizzy Ryley, REINZ Chief Executive.
NATIONAL MARKET KEY INDICATORS:
NORTHLAND OVERVIEW: (by REINZ)
“Owner-occupiers and first-home buyers led buyer activity across the region in July, with no particular buyer pool showing signs of declining activity.
Vendor expectations continued to vary, with some vendors still adjusting their pricing expectations to market conditions. A higher number of investors choosing to sell added to the available stock. Open home attendance held steady region-wide.
Overall sentiment remained steady, with local agents reporting a cautiously positive tone emerging across parts of the region as conditions remained balanced. Local salespeople anticipate a steady market over the coming months.” says Lizzy Ryley, REINZ Chief Executive.
Good Property Marketing is helping us to find the best buyers for our properties, ensuring that our vendors get the best result. Call us as we would love to help you get the best result for your property.
5 YEAR MEDIUM PRICE MOVEMENT FOR NORTHLAND TO JULY 2026
If you are thinking of selling but are not sure about whether you can find the right property to buy, please call us to discuss your property needs further as we would love to help you.
