
The April 2025 statistics from the Real Estate Institute of New Zealand have now been released, with 395 sales reported across the Bay of Plenty, and a new median sale price of $825,000 for the region.
First home buyers were the most active buyer group and vendor expectations were reported to be consistent and often aligning with market expectations.
Tauranga had 136 sales for the month, a 9.6% increase in sales volume year-on-year. The Mount and Papamoa reported 96 sales, a significant 29.72% increase in sales volume. Rotorua had 78 sales in April, a slight -2.5% decrease year-on-year.
Read the full BOP Market Update report for more information.
In Whangarei, there were 79 sales reported for April 2025, a -13% decrease year-on-year. The median sale price for the area is now $610,000, a -4.68% decrease year-on-year.
Read the full Whangarei Market Update report for more information.