19/06/2026
📈 CENTRAL HAWKE'S BAY MARKET UPDATE 📈
The latest REINZ figures for Central Hawke's Bay show a market that continues to move, with median sale prices holding around the $500,000 mark and median days to sell improving significantly in May to just 43 days. While sales volumes have eased from the busy autumn period, well-presented and correctly priced properties are still attracting genuine buyer interest.
Independent economist [Tony Alexander] has recently noted that buyer confidence is gradually improving, helped by lower interest rates and increased affordability, particularly for first-home buyers and owner-occupiers. He believes the market is transitioning into a more stable phase, with steady activity rather than the rapid growth seen in previous cycles. ([OneRoof][1])
What does that mean locally? Buyers are active, they're doing their homework, and they're taking a little more time with their decisions. The properties that stand out are those that are well presented, realistically priced, and professionally marketed.
If you've been wondering what your property might be worth in today's market, now is a great time to have a conversation. Every property is different, and local knowledge has never been more important.
Megan Dallimore
PGG Wrightson Real Estate
📞 021 242 7669
[1]: https://www.oneroof.co.nz/news/tony-alexander-welcome-to-a-new-era-of-house-price-rises-in-new-zealand-48761?utm_source=chatgpt.com "Tony Alexander: Welcome to a new era of house price rises in ..."
