The latest figures from the Real Estate Institute of New Zealand show a stable spring market across the Bay of Plenty, with steady buyer interest and improving auction activity. 

The median sale price for the region sits at $780,000, a 1.2% decrease compared to this time last year and 6.0% down compared to the month prior. Total sales reached 415 properties, representing a 4% increase compared to September 2024. The median days to sell improved to 44 days, 12% faster than the same time last year. 

Overall, confidence is gradually returning as vendors adjust expectations and buyers respond to lower interest rates. Increased auction attendance and bidding activity signal a positive outlook heading into the summer months.

 Read the full market update HERE.