JUNE 2026 PROPERTY MARKET UPDATE ON RESULTS FOR MAY 2026
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NORTHLAND in a SNAPSHOT: Volume DOWN – 27.4% on 2025 and UP on last month + 1.8% with median price UP + 3.9% on 2025 and DOWN – 4.3% on last month, days to sell sitting at 56 days.
Click on this image to see more about current properties For Sale with Team Davis
May 2026 has seen Northland move into a typical market with sales and prices steady. First Home Buyers remain our most active buyers with out-of-town buyers and investors also being active.
With first home buyers still out in force, we continue to see the lower 1/3 properties continuing to sell well and we have seen improved sales in the middle 1/3 also, however our upper 1/3 where prices are over $900k continues to be slower and interest seems to depend mostly on the type, presentation (condition) and location of the properties. We also continue to see new listings coming to market with Whangarei now sitting at 983 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)
“May 2026 points to a housing market that is steadier but still cautious and regionally uneven. The latest Real Estate Institute of New Zealand (REINZ) data shows the national median sale price in May increased 1.3% year-on-year to $775,000, while Days to Sell remained unchanged at 47 days.” says Lizzy Ryley, REINZ Chief Executive.
NATIONAL MARKET KEY INDICATORS:
NORTHLAND OVERVIEW: (by REINZ)
“First home buyers and owner-occupiers were the most active buyer groups, with some investor activity reported. Most vendors aligned their asking prices to current market expectations, though a few struggled to meet those benchmarks. Attendance at open homes was consistent across most properties, with new listings and lower‑priced homes drawing the strongest interest.
Market sentiment continues to be shaped by an abundance of available stock, limited competition, cautious lending from banks and insurers, and broader market uncertainty. Local salespeople anticipate that the coming months will deliver a healthy level of seasonal listings, but overall conditions are expected to remain steady.” 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 MAY 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.
