Market Update

Your Taupō Market Update is Here: A Look at the Latest Trends

We’re ready to have a real conversation about the latest market movements in the Taupō District. We know that a lot of old-fashioned “real estate speak” is irrelevant, so we’re keeping it honest, simple, and real with what the numbers are saying.

Taupō District Residential

The overall residential market for the Taupō District saw some interesting activity.

The median sale price for the district was $705,000. This is down from the $755,000 recorded in September 24

We saw a significant jump in the number of sales, rising to 75 compared to 36 in September 24. That’s an active market!

Properties moved a little quicker too, with the median days on market dropping to 56 days, down from 66 in September 24.

Zooming in on Taupō Town

Focusing on the main town, the residential median sale price came in at $750,000, just shy of the $755,000 median from September 24.

Town sales saw a great lift, recording 58 sales compared to 26 in September 24.

The median days on market saw a slight increase to 56 days (up from 53 in September 24).

Rural & Lifestyle

The Rural & Lifestyle section of the Taupō District proved resilient:

The median sale price was an impressive $1,080,000, a significant increase from $853,000 in September 24.

There were 2 sales, matching the number from September 24.

The median days on market for Rural & Lifestyle was 73 days.

Kinloch Residential

The Kinloch residential market recorded 1 sale.

The median sale price was $895,000.

The average days on market were 329 days.

We’re here to share our insightful expertise and make the complex simple. If you’d like to discuss what these numbers mean for your property or your next move, let’s have a real conversation.

For more information, or to arrange an inspection, contact us today!