|
Welcome to the July edition of Bayleys' In View
The Southern Lake residential median sale price for June 2026 was $520,000, increased by 15.0% on the $452,000 recorded in June 2025. The market continues to demonstrate measured stability, with 12 total transactions recorded across all categories — a moderation from the 14 sales recorded in the same period last year.
Across all categories the Southern Lake district recorded 12 sales in June 2026, comprising 9 residential, 1 rural, and 2 section transactions. Bayleys Tūrangi accounted for 2 of these sales, maintaining a continued presence in the local market.
Activity in June was concentrated in the $500-549k band (2 sales), with steady engagement also observed across the upper price ranges. The lifestyle and lakeside segments continued to attract enquiry from out-of-region purchasers seeking a Southern Lake base.
The median days on market for residential sales sat at 93 days, decreased by 19.1% on the 115-day figure for the same period last year. Buyer enquiry remains steady through the winter months, with well-presented and realistically priced properties continuing to attract committed purchasers.
In this month's edition of Bayleys' In View, we chat with Bayleys Omaha salesperson Heather Walton-Bycroft about how to sell your property from anywhere in the world. Distance no longer needs to be a barrier when it comes time to sell a property. Whether it's a family home, an investment property or a beloved holiday retreat, Heather says while selling remotely is increasingly common, it does come with its own unique set of challenges to ensure their property is showcased at its very best.
While much of New Zealand's housing market continues its gradual recovery from the correction that followed the November 2021 peak, a growing number of districts have quietly moved back into positive territory. We sit down with Chris Farhi and Samantha Lee from Bayleys Data and Insights team to discuss the districts defying New Zealand's housing slowdown.
The Bayleys Super Prime Market Update for Q3 2026 shows the mainstream market continuing to move sideways, with elevated supply and ongoing global uncertainty keeping price growth subdued. In contrast, the super prime market ($5M+) is seeing renewed momentum from Golden Visa buyers. While sensitive land restrictions can limit purchasing opportunities, premium properties with waterfront positions, privacy, and exceptional outlooks remain in strong demand.
|
