OCTOBER 2026 PROPERTY MARKET UPDATE ON RESULTS FOR SEPTEMBER 2026
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NORTHLAND in a SNAPSHOT: Volume DOWN – 3.4% on 2025 and UP on last month + 11.3% with median price DOWN – 6.8% on 2025 and DOWN – 2.8% on last month, days to sell sitting at 69 days.
Click on this image to see more about current properties For Sale with Team Davis
September 2026 did not see our market really switch into Spring with the weather not helping in that we continued to see cold fronts sweeping across. However, our market has remained steady albeit with a lower sales volume than last year. Once again first home buyers were the most active in our market during the last month followed by second home buyers.
Despite what the medium number seems to be showing our property prices remained steady with some properties achieving good results where they are very well presented without the need for any maintenance catch up. Our medium price is influenced by the mix of sales this year vs last year where the lower 1/3 priced properties are selling well with some improvement in interest and sales in the middle 1/3, 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 975 properties being marketed for sale in Whangarei.
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)
“REINZ data for September 2026 shows the median price outside Auckland was effectively unchanged on a year earlier, while lower annual sales and longer selling times reflected the measured pace of recent months.
Auckland’s median price decreased by 2.6% year-on year, contributing to the softer national result. Significant regional differences and divergence between the North and South Islands also remained evident.” says Lizzy Ryley, REINZ Chief Executive.
NATIONAL MARKET KEY INDICATORS:
NORTHLAND OVERVIEW: (by REINZ)
“Owner-occupiers were the most active buyer group in September. Investor activity increased in some areas, while first-home buyer activity eased where fewer lower-priced homes were available.
Vendor expectations were increasingly aligned with market conditions, particularly for newer listings, although some vendors adjusted during their campaign. Open home attendance differed across the region, remaining steady in some areas while new listings attracted the strongest initial interest elsewhere. Auction activity was mixed, with many auction properties not selling under the hammer.
Market sentiment was balanced, with some buyers researching their options carefully before committing. The lead-up to the general election also encouraged a ‘wait-and-see’ approach among some buyers and vendors. Local salespeople anticipate broadly steady conditions over the next few 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 SEPTEMBER 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.
