Feature article
Revealed: New Zealand’s fastest-selling property markets
Trade Me data shows NZ homes take a median of 70 days to sell, with Christchurch the fastest market at 42 days
AI summary
New Trade Me data reveals the national median time to sell a property is 70 days. Christchurch City is New Zealand's fastest market, with homes selling in just 42 days.
The Canterbury region dominates the list of quickest-selling locations. In contrast, Auckland's market is slower than the national average at 72 days, with no districts in the top 10. Southland and Otago have also seen significant speed-ups, while the West Coast is the slowest region.
Top 10 quickest districts to sell
| District | Region | Median days on site | Change vs. last year | ||||
|---|---|---|---|---|---|---|---|
| Christchurch City | Christchurch City | Canterbury | Canterbury | 42 | 42 | -1 day | -1 day |
| Invercargill | Invercargill | Southland | Southland | 50 | 50 | -6 days | -6 days |
| Selwyn | Selwyn | Canterbury | Canterbury | 54 | 54 | -4 days | -4 days |
| Waimakariri | Waimakariri | Canterbury | Canterbury | 57 | 57 | -13 | -13 |
| Palmerston North | Palmerston North | Manawatū / Whanganui | Manawatū / Whanganui | 56 | 56 | +3 | +3 |
| Hamilton | Hamilton | Waikato | Waikato | 57 | 57 | +1 | +1 |
| Lower Hutt | Lower Hutt | Wellington | Wellington | 58 | 58 | -7 | -7 |
| Tauranga | Tauranga | Bay of Plenty | Bay of Plenty | 58 | 58 | +1 | +1 |
| Dunedin | Dunedin | Otago | Otago | 58 | 58 | +1 | +1 |
| Manawatū | Manawatū | Manawatū / Whanganui | Manawatū / Whanganui | 60 | 60 | +3 | +3 |
Tāmaki Makaurau Auckland market update
Auckland City properties are the quickest in the region, averaging 65 days on site.
Regional breakdown
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