21/10/2025
REINZ September Stats. Here’s what you need to know:
Enquiries have increased, as part of the overall seasonal trend and more confidence in the market, spurned by the lowering of interest rates and official cash rate cuts. Top end ($3million plus) has continued to see increased enquiry and several good sales, especially on the back of foreign ownership announcements.
Most vendor expectations, in terms of asking price, were ahead of the market. Spring brought an increase in listings, and most open homes saw a rise in attendance.
Auction room attendance has been buoyant and clearance rate for Bayleys is still trending well above the National average.
Over the next coming months, salespeople predict increasing confidence, enquiries to pick up again and an increase in volume, which should provide good momentum into the Xmas period. There was a Hanley’s Farm release in September 2024, if we include these numbers the total sales are 212, median sale price $425,000 and days to sell are 118.
