Bay of Plenty Market Snapshot In May the median price rose 0.9% year-on-year to $822,000. Owner-occupiers and first home buyers were the most active, with investor interest also on the rise and vendors generally pricing in line with the market. Open home and auction activity lifted across the region, driven by growing buyer confidence, increased competition, and cautious optimism for a steadier winter.

In the video Bayleys Bay of Plenty Residential Sales & Projects Manager, Jon O’Connor, provides an update on the residential property market in Tauranga, the Mount and Papamoa during May.

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.

Bay of Plenty Market Snapshot In April the median price rose 0.6% year-on-year to $825,000. First-home buyers remained the most active, with steady vendor expectations and consistent enquiry across price points. Open homes saw solid turnout, especially for fresh listings, though many buyers were taking their time. Auction interest varied, with active bidding not always meeting vendor levels. Economic conditions, finance challenges, and buyer hesitation continue to shape a cautious market outlook.

In the video Bayleys Bay of Plenty Residential Sales & Projects Manager, Jon O’Connor, provides an update on the residential property market in Tauranga, the Mount and Papamoa 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.