FEBRUARY 2026 PROPERTY MARKET UPDATE ON RESULTS FOR JANUARY 2026
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NORTHLAND in a SNAPSHOT: Volume UP +4.3% on 2025 and DOWN on last month -37.0% with median price DOWN -12.5% on 2025 and DOWN -9.4% on last month, days to sell sitting at 60 days.
Click on this image to see more about current properties For Sale with Team Davis
January 2026 has seen mixed results with a somewhat fickle market, our lower 1/3 properties continue to see good interest with first home buyers but this tapers off as we move into the middle 1/3 and our upper 1/3 where prices are over $900k and continue to be slower and interest seems to depend mostly on the type and location of the properties. We are also seeing an increase in the number of listings coming to market with Whangarei now sitting at 1,058 properties being marketed for sale.
We continue to see Auckland buyers both watching and viewing our higher end properties, but we have seen less buyers viewing in person over the last month no doubt mostly due to this being a holiday month and busy now with back to school etc… First-Home Buyers are still very active in our market, taking advantage of our lower prices and lower interest rates.
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)
“The 2026 property market opened the year at a steady pace, shaped by the usual January slowdown, seasonal holiday patterns, and unsettled weather across parts of the country.
Latest data from the Real Estate Institute of New Zealand (REINZ) shows median prices holding firm, with national prices rising slightly above January 2025, even as sales counts softened.” says Lizzy Ryley, REINZ Chief Executive.
NATIONAL MARKET KEY INDICATORS:
NORTHLAND OVERVIEW: (by REINZ)
“Owner-occupiers were the most active buyer group in Northland, with fewer enquiries coming from first home buyers. Most vendors held realistic expectations regarding asking prices and were receptive to feedback. Attendance at open homes was mixed, with stronger numbers for well-located properties and newer listings, although some interest tapered off quickly.
Market sentiment was influenced by buyer caution around overpaying, some vendors’ high expectations of price growth, lending criteria, and the level of choice available to buyers. Local salespeople expect conditions to remain stable over the coming months, with activity likely to lift again later in 2026.” 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 JANUARY 2026
If you want to sell your property, please give us a call as now is a good time to be talking and looking at the best method of taking your property to the market.
Please call us 021 820 015 to discuss your property needs further.
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Click here to download the complete Property Report from REINZ
