APRIL 2026 PROPERTY MARKET UPDATE ON RESULTS FOR MARCH 2026
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NORTHLAND in a SNAPSHOT: Volume UP +8.2% on 2025 and UP on last month +9.3% with median price UP +8.7% on 2025 and UP +14.9% on last month, days to sell sitting at 53 days.
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March 2026 seemed to have a lot of things influencing buyer decisions from both global and local issues with rising fuel prices. But yet again First Home buyers were the most prominent active group in our market.
This continues to see the lower 1/3 properties continuing to sell well and in the last month we have seen improved sales in the middle 1/3 also, however our upper 1/3 where prices are over $900k and 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 1,078 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)
“March shows a housing market holding its nerve. Despite rising fuel costs and global uncertainty, buyers didn’t step away, but they are becoming more cautious and taking longer to make decisions.
That caution is reflected in the numbers. Sales were essentially flat year-on-year at 7,853, and while prices remain stable, the seasonally adjusted figures show a slight dip in activity. It suggests buyers are still active, but are more measured, responding to cost pressures rather than stepping away from the market,” says Lizzy Ryley, REINZ Chief Executive.
NATIONAL MARKET KEY INDICATORS:
NORTHLAND OVERVIEW: (by REINZ)
“Local buyers and owner-occupiers were the most active buyer groups. First-home buyers and investors were prevalent in Whangarei.
Most vendor expectations of asking prices aligned with market conditions, with many also open to negotiations. Attendance at open homes was patchy across the region; overall numbers were lower than usual for the time of year.
Factors such as lack of buyer urgency, hesitation to enter the market, cost-of-living concerns, and rising fuel prices impacted market sentiment. Uncertainty about the conflict in the Middle East also influenced market sentiment. Local salespeople cautiously state that the market will remain as is while current economic conditions persist. Although they mention that there are some good opportunities for those who want to purchase despite these challenges.” 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 MARCH 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.
