April Market Update

Invercargill Market: Strong as Winter Approaches
As Southland edges into early winter, the Invercargill property market remains strong. March 2025 saw 121 residential sales, nearly matching February’s total, with the average sale price rising to $480,000. The median days to sell dropped to 31, down from 42 last month, showing how quickly well-priced homes are moving. 

Sales are up 6.7% compared to March 2024, and 2.1% compared to three years ago, reflecting continued buyer interest in the city.

Southland District & Region: Solid Growth
The wider Southland District and Region are also experiencing solid growth. The district’s median sale price surged to $620,000, up 31.9% from last year and 67.6% over the past three years. While properties are taking longer to sell, with a median of 73 days in the district and 40 days in the region, the market remains strong with impressive price growth.

The median sale price in the region stands at $470,000, reflecting a more moderate increase of 5.6% from last year and 6.8% from three years ago.

Nationwide Trends: Southland Leads the Way
Nationwide, sales rose 12.8% year-on-year, and 14.2% across New Zealand excluding Auckland. Southland continues to top the country for House Price Index movement, holding the number one spot for nine consecutive months, reinforcing the strength of our local market.

Winter’s Opportunity: Why Now is the Time to Act
While winter typically slows property markets, in Southland, the opposite is often true. With fewer listings expected, motivated buyers are actively searching now. This presents a great opportunity to sell, as limited competition allows your property to stand out. Buyers are ready to act quickly when they find the right home.

Seller Tips: Make Your Home Stand Out
Boost your home’s appeal by clearing autumn leaves and maintaining a tidy entrance. Inside, ensure your home feels warm and inviting—heating, insulation, and cosy interiors are key to making buyers feel at home during the cooler months. A well-maintained, welcoming atmosphere will attract more attention.

Strong Investment Opportunities
For investors, the market offers solid opportunities. With stable prices and growing demand, Invercargill properties are increasingly sought after. Limited winter stock means less competition for quality properties, allowing investors to secure assets with solid long-term returns.

Looking Ahead: A Market in Motion
With stable prices, low days on market, and strong buyer activity, Invercargill is well-positioned heading into winter. Whether buying, selling, or investing, now is a great time to act. Fewer listings are expected, meaning your property can stand out and attract motivated buyers.

Thinking of your next move?
Get in touch and make the most of today’s strong market. As proud winners of the 2025 RateMyAgent Sales Agency of the Year – Southland, and recognised at the 2025 Professionals Group National Finals as Best All-Round Office and Runner-Up for Top Office, Professionals Invercargill is ready to help you take your next step. Contact us today!