Taranaki Market Snapshot

In April, Taranaki’s median property price dipped 0.3% year-on-year to $620,000. Owner-occupiers remain the most active buyers, with growing interest from out-of-town purchasers. Some vendors are raising price expectations, though many accept that premium results may take time. Open home attendance was mixed due to long weekends, but new listings attracted good interest. With more stock and a growing buyer pool, we are cautiously optimistic activity will lift in the coming months.

In the video Bayleys Taranaki General Manager, Luke Conroy, provides an update on the residential property market during April. Thinking of selling or want property market insights? Request an appraisal below and one of our Bayleys team will be in touch as soon as possible.