The Kerikeri property market remains lively, with sales volumes up around 20% compared to last year. The average days to sell have increased to over 120 days, reflecting thoughtful buyer patience. Buyers today are cautious, carefully considering risks, and properties that are well-maintained, compliant, and situated on stable land are attracting strong interest.
Recent reports, including insights from analyst Tony Alexander, indicate steady house prices and resilient buyer activity nationwide. While mortgage rates have decreased, affordability continues to be a focus, encouraging buyers to take their time. There’s growing confidence that new listings will meet market needs.
Overall, the market is set for steady growth through 2025, and vendors who prepare well, address outstanding issues, and present their properties effectively will enjoy better sale outcomes. Smart sellers are taking action now, knowing they are operating within a steady, balanced market.
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