Latest real estate news, views & reports

The Bay of Plenty property market remained steady through March, with consistent buyer activity and stable pricing across the region. The median sale price sat at $810,000, up 1.9% year-on-year, but down slightly by 1.8% compared to February, reflecting a small adjustment as the market continues to find balance.

Sales activity lifted, with 525 properties sold across the region, up 14.4% compared to March 2025. This increase highlights ongoing buyer engagement, with first home buyers continuing to lead activity, alongside a noticeable rise in enquiry at the higher end of the market.

The median number of days to sell improved slightly to 45 days, down from 47 days last year, indicating a steady pace of transactions. While buyers remain active, there is a more measured approach to decision-making, with many taking the time to carefully assess their options.

Vendors are generally meeting the market with realistic price expectations, supporting continued movement across the region. Open home attendance declined as the month progressed, and while online auction viewership remained consistent, active bidding was more subdued, reflecting a more cautious buyer environment.

Broader economic factors continue to influence sentiment, including geopolitical uncertainty and ongoing concerns around interest rates and job security. Despite this, the local market remains well-positioned, particularly for first home buyers, who are expected to continue underpinning activity in the months ahead, provided stock levels remain consistent.

On Friday 10 April, EVES was proud to support Bay Strong with The Breeze Tauranga 95.8FM, a live broadcasting event for 12 hours straight, to raise vital funds for the Western Bay Community Response Fund.

The fund channels donations directly to local charities, marae and community groups supporting people through response and recovery. It supports a huge area spanning Waihi Beach right through to Otamarakau. With Tauranga Moana and the Western Bay of Plenty having been affected by devastating weather in January of 2026, with more recent severe weather events such as Cyclone Vaianu continuing to impact our local area, the WBCRF is more important than ever before.

Hosted at Te Papa o Ngā Manu Porotakataka, a number of local businesses came together for Bay Strong to contribute prizes, food and games in order to raise money. EVES Real Estate hosted a number of activations including face painting and outdoor games, with two fantastic prizes up for grabs in the form of $100 Mount Mainstreet vouchers. It was heart warming to see the level of participation and support from our local community.

EVES BOP General Manager Mark Leach commented ‘We were privileged to support Bay Strong in raising funds for such a critical cause as the Western Bay Community Response Fund. It was great to see the amount of support from both the public and other local businesses, and we’d like to thank everyone who got involved.’

The campaign was a huge success, helping to raise $19,339.74, and we would like to thank everyone who came along to show their support!