The Taupō property market has sustained its positive momentum through November, with both pricing and transaction efficiency continuing to strengthen. REINZ data shows the median sale price increased 2% year-on-year, rising from $810,000 in November 2024 to $826,500 this November. This marks another consecutive month of gradual value improvement, supported by steady buyer confidence and increased purchasing activity across multiple price segments.

Properties are turning over notably faster than the same period last year, with median days on market decreasing from 53.5 to 45 days—a reduction of nearly 16%. This shortened timeframe reflects strong buyer engagement and suggests that well-presented homes priced in line with current market sentiment are attracting decisive offers.

Sales activity remained broad-based throughout the month, with 61 residential transactions recorded alongside steady activity in the lifestyle and section categories. The $600,000–$900,000 bracket continues to generate the highest volume of transactions, while premium properties above $1 million have also maintained consistent interest from both local upgraders and lifestyle purchasers.

As Taupō enters the traditional summer holiday period, the market is expected to remain active through December and into the new year. With listing stock holding at manageable levels and genuine buyer enquiry continuing to underpin demand, conditions remain favourable for vendors who position their properties competitively and present them to a high standard.

Source: REINZ, November 2025