Auckland’s residential property market ended 2025 with its strongest level of trading in four years, underpinned by higher sales volumes rather than rising prices. Barfoot & Thompson data shows more than 11,000 homes changed hands during the year, marking a 9 per cent lift on 2024, despite values remaining lower year-on-year.
“The year ended with a positive flourish for the Auckland property market with property holding on to price gains made in late spring,” said Peter Thompson, Managing Director of Barfoot & Thompson.
The median sale price for 2025 was $954,000, with the average at $1,109,000, reflecting a market driven by transactions rather than renewed price momentum.
About 20,000 new listings entered the market, the highest annual total in two decades. A large proportion consisted of new-build townhouses, apartments and units, increasing buyer choice and competition among sellers.
“The first was the number of new listings, which at more than 20,000 properties, was the highest number of new listings we have achieved in the past two decades,” Thompson said.
More than 2,700 properties sold for under $750,000, nearly a quarter of all transactions.
“The combination of high new listings and rise in the sale of homes for less than $750,000… acted as a handbrake to sales prices across all price segments,” Thompson said.
December prices edged slightly higher, with a median of $980,000 and an average of $1,140,501. Sales volumes held steady at 849 properties, in line with recent Decembers.
“Sales numbers in December can be problematic given it allows for only three weeks of trading,” Thompson said.
High-value sales remained firm, with 61 properties selling above $2 million during the month.
Rural and lifestyle properties across Auckland and Northland recorded $668 million in sales for 2025, the strongest result in three years. December sales reached $49 million, consistent with November.