Low Auckland house prices attract strong sales activity
The Auckland housing market is experiencing strong sales activity without it affecting price stability.
“In February, sales numbers at 785 were excellent, and we sold the highest number of homes in a February for five years,” said Peter Thompson, Managing Director of Barfoot & Thompson.
“February’s high activity follows on from that in January, and in the first two months of the year we have sold 1,609 homes, 16 percent more than at the same time last year.
“The only year we have sold more homes in the first two months of a calendar year in the last decade was 2021.
“The attraction that is drawing buyers is current price levels, with the median sales price in February at $904,000, down 9.6 percent on that for January, and the average price at $1,013,976, down 13.3 percent.
“These are among the lowest monthly median and
average sales prices seen in Auckland since prices peaked in 2022.
“The combination of high sales and low prices is part of the ‘structural change’ the Reserve Bank commented on when announcing the OCR would remain at 2.25 percent in late February.
“Effectively, housing supply is starting to meet housing demand, and the prices are drawing in buyers who once felt priced out of the market.
“We listed 2,252 new properties in February, a combination of new builds and existing homes, and at month end had 6,159 properties on our books, the highest number of listings we have had at this time of the year for 15 years.
“While the combination of good choice, stable prices and high sales numbers is drawing strong buyer interest, for the first time in many years this is not putting pressure on prices.
“Of our sales in February 31 percent were in the under
$750,000 price segment, the category most attractive to first time buyers.
“Sales in the $2 million plus market represented 4 percent of total sales. This sector is normally quiet at this time of the year because of the holiday season.
“Sales of property in the rural and leisure sectors of Northland and greater Auckland for February were close to $37 million, bringing sales for the first two months of the year to $100 million, 15.5 percent higher than for the same two months last year.”
Peter Thompson Managing Director
February 2026
$1,153,000 $1,150,000
$4,500,000 $310,000 13 67 130 8 8 $0 - $750K $750K - $1M $1 - $2M $2 - $3M $3M+
Algies Bay, Arkles Bay, Army Bay, Coatesville, Dairy Flat Gulf Harbour, Hatfields Beach, Huapai, Kaipara Flats, Kumeu, Leigh, Mahurangi, Mahurangi East, Mahurangi West, Manly, Martins Bay, Matakana, Matakatia, Milldale, Millwater, Okura, Omaha, Orewa, Pakiri, Point Wells, Puhoi, Red Beach, Redvale, Riverhead, Sandspit, Scotts Landing, Silverdale, Snells Beach, Stanmore Bay, Stillwater, Tawharanui, Tawharanui Peninsula, Tindalls Beach, Totara Views, Waimauku, Wainui, Waitoki, Warkworth, Wellsford, Whangaripo & Whangateau.
Market Share and Figures
Overall Market Share
FEBRUARY 2026 YTD
Over the last 12 months, Barfoot & Thompson SOLD ONE IN THREE homes in our local * area.
For the period from 1st March 2025 to 28th February 2026, there were over 670 sales made by Barfoot & Thompson!
Average sale Price
+ Kumeu + Waimauku
We sell across all price brackets and types of property. This is why sellers continue to list and sell with Barfoot & Thompson.
1st December 2025 to 28th February 2026 compared to the same period last year.
Mahurangi + M. East + M. West + Puhoi
Manly, Matakatia + Tindalls Beach
Number of Sales
Algies Bay
Coatesville + Dairy Flat
Gulf Harbour + Army Bay
Huapai + Kumeu + Waimauku
Kaipara Flats
Leigh + Whangateau
Mahurangi + M. East + M. West + Puhoi
Manly, Matakatia + Tindalls Beach
+ Big
Orewa + Hatfield Beach
Red Beach + Totara
Silverdale + Millwater + Milldale
Stanmore Bay + Arkles Bay
Stillwater + Okura + Redvale
Tawharanui + Tawharanui Peninsula
Wainui + Waitoki
Figures shown on this page include information from multiple sources and published reports of residential sales made by most Real Estate agencies and may include private sales. The area shown includes Algies Bay, Arkles Bay, Army Bay, Coatesville, Dairy Flat Gulf Harbour, Hatfields Beach, Huapai, Kaipara Flats, Kumeu, Leigh, Mahurangi, Mahurangi East, Mahurangi West, Manly, Martins Bay, Matakana, Matakatia, Milldale, Millwater, Okura, Omaha, Orewa, Pakiri, Point Wells, Puhoi, Red Beach, Redvale, Riverhead, Sandspit, Scotts Landing, Silverdale, Snells Beach, Stanmore Bay, Stillwater, Tawharanui, Tawharanui Peninsula, Tindalls Beach, Totara Views, Waimauku, Wainui, Waitoki, Warkworth, Wellsford, Whangaripo & Whangateau. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Energy-efficient homes
Source: theage.com.au
Easy Ways to Make Your Home More Sustainable.
Everyone wants to live in a warm, dry house - without the alarming monthly power bill. By making a few small adjustments, you can make your property warmer, drier and more energy efficient - all on a budget that can adapt as you go on.
How do you switch from gas to electric in your home
For decades, gas was promoted as a cheap, clean, “natural” source of power: stored sunshine.
Almost overnight, though, this fossil fuel is less popular: recognised as a major contributor to climate change, increasingly expensive and a potential health hazard in the home.
With gas now on the nose, the trend is New Zealand`s householders are switching to green electricity.
Where do you start?
The electric heat pump is a technology relatively new to New Zealand and Australia.
Germany, in contrast, is considering banning gas boilers entirely in new buildings, with heat pumps likely to be the main replacement due to their higher efficiency.
Costing between $2500 and $5500, depending on brand and capacity, electric heat pumps work a lot like a fridge in reverse, gathering heat from the outside air and transferring it to water in a storage tank.
They are much more efficient than old-style electric and gas water heaters and can cost very little to run when drawing power during the day from a home’s solar panels.
If replacing your gas hot water right now is impractical, you could make a start with some passive improvements to reduce your energy usage, which are generally easy and relatively cheap.
What can you change in the kitchen?
Once you have reverse-cycle heating and cooling and heat-pump hot water, next comes the kitchen: replacing a gas cooktop with an induction hotplate.
For many, this can prove the biggest hurdle. For generations, cooking with gas was considered superior to electric: instant heat that could be carefully controlled, far more responsive than the old-style electric-element cooktops.
What we have not known about gas, though, is its less-than-virtuous risk to health, especially our children’s.
Burning it in our kitchens, fills the air with pollutants that can be absorbed into the bloodstream.
Induction cookers produce zero emissions (in the home, at least) and are more efficient than gas – proving faster to boil a pot of water, for example.
The psychological barrier is understanding how they work. Induction cooktops – short for electromagnetic induction – generate a constantly changing magnetic field that transfers an electric current into metal cookware, heating it.
Digitally controlled cooking gives the ability to maintain exact temperatures and set timers, with no pan on the surface they stay cool and safe for children and pets, and they are easy to clean; although this is an important change that may cost money and effort, it will last for years and will make your kitchen ecofriendly.
Efficiency Tips
• Seal draughty windows and external doors with weather stripping and automatic door seals for a few dollars from your local hardware store.
• This is basic, but draw the curtains or blinds at night in winter to keep heat inside.
• Block up the chimney if you don’t use the fireplace.
• In old homes, cover the wall vents.
• If you have a reverse-cycle air conditioner already, then you’re at least part of the way towards turning off the gas heating.
If not sure, as a first step you could test the water with a portable single-burner unit from under $100, which plugs into a normal socket.
Source: theage.com.au
So, you’ve turned off the gas. What next?
You may find the journey to electrification also encourages you to improve your home’s efficiency in other ways.
First steps typically include a rooftop solar panel array and new or better insulation in the roof and under the floor for homes on stumps, which are reasonably affordable upgrades, from a few thousand dollars depending on the type of material used, such as natural wool, and the size of the home.
Then there are the major purchases: double glazing, house batteries, electric cars that can potentially reverse-power your home, and renovations or new builds designed to be as energy efficient as possible. But you don’t need to have unlimited funds, alternatives like relying on fireplaces, electric stoves, getting materials from recycling centres, etc. It is about getting off gas and then slowly upgrade appliances or buy new improvements to your home.
New Zealand’s government is developing a plan for managing the gas industry’s transition to a low emissions future, while Auckland’s council has a complete guide and online resources to create a healthy, energy-efficient homes. Find out more at: aucklandcouncil.govt.nz/en/environment/ sustainability-eco-design/create-healthyenergy-efficient-home
Our Awards
Committed to being the best real estate agency around.
Winning big at the 2025–2026
International Property Awards
Barfoot & Thompson has achieved an historic result at the 2025–2026 International Property Awards, becoming the first real estate agency in the world to secure three global titles in the same year. At the IPA event in London, we were recognised as:
• Best International Real Estate Agency Over 20 Offices
• Best International Lettings / Rentals Agency
• Best International Real Estate Agency Marketing
Recognised with 6 awards at the 2025 REINZ Awards for Excellence
• Residential Property Management Office of the YearSmall - Swanson
• Residential Office of the Year (Sales Volume) - Small - Glendene
• Residential Office of the Year (Sales Volume) - Medium - Millwater
• Residential Office of the Year (Sales Volume) - Large - Howick
• Community Service Award - Large - Barfoot & Thompson
• Agency of the Year (All Disciplines) - Large - Barfoot & Thompson
4 prestigious Five-Star Awards at the 2025-2026 Asia Pacific International Property Awards
• Best Real Estate Agency Over 20 Offices
• Best Real Estate Agency Single Office (Howick)
• Best Lettings / Rentals Agency
• Best Real Estate Agency Marketing
Deloitte Best Managed Companies in 2025
Reader’s Digest Quality Service Winner 2025
Scan me to find out more about our accolades or visit: barfoot.co.nz/about-us/ our-awards
The Ultimate in Coastal Living at Algies Bay
A stunning 320m² two-level family home in Algies Bay, featuring four bedrooms, open-plan living, polished timber floors, and panoramic sea views from north-facing decks. Includes triple garaging, high-stud ceilings, and lowmaintenance landscaping. Minutes from Matakana and easy Auckland CBD access via the new motorway.
By Negotiation
barfoot.co.nz/929968
Brad Matthews 021 138 9953
b.matthews@barfoot.co.nz
A Dream Villa in the Matakana Countryside
A masterfully restored historic Parnell villa, relocated to Matakana’s Ridgewater estate and reimagined by designer Sarah Foote. The single-level home offers four bedrooms, wraparound verandas, stone-topped kitchen, and selfcontained guest outhouse. Shared grounds feature lily ponds, boat ramp, and kayak access — a rare blend of heritage charm and modern luxury.
By Negotiation
barfoot.co.nz/921796
Contact Warkworth Branch 09 425 8742
The Summer House - Coastal Living with Sublime Harbour Views
On the market for the first time in 23 years, this elevated four-bedroom coastal home sits on 1,413m² above the Matakana Coast with sweeping gulf views. Features generous living spaces, large entertaining decks, and harbour access. Just over an hour from Auckland — ideal as a permanent home, holiday retreat, or investment.
Auction 10:00am 23rd April 2026 8-12 The Promenade, Takapuna (unless sold prior)
barfoot.co.nz/930726
Contact Warkworth Branch 09 425 8742
Matakana Ocean Front
Perched on a dramatic Ti Point headland, this stone, cedar and glass lodge-style home offers panoramic views across Whangateau Harbour to Great Barrier Island. Features four bedrooms, separate studio, private cable car to the water, and covenanted native bush surrounds. Effortlessly luxurious coastal living at its finest.
339 AHUROA ROAD
By Negotiation
barfoot.co.nz/921441
Contact Warkworth Branch 09 425 8742
“Bonjour
Puhoi”
A French-inspired sanctuary set behind private gates on two park-like acres in Puhoi, built with exceptional thermal-mass construction for year-round comfort. Features four bedrooms, farmhouse kitchen, open fireplace, alfresco deck with louvre roof, and a versatile upper-level room. Fifteen minutes from Warkworth — timeless craftsmanship meets relaxed New Zealand lifestyle.
Tania Bennett 021 267 1421
Deadline Sale closes 4:00pm 17th April 2026 (unless sold prior)
barfoot.co.nz/930844
t.bennett@barfoot.co.nz
Anne-Marie Ibbett 021 238 2892
a.ibbett@barfoot.co.nz
The Ultimate Coastal Lifestyle
An architecturally designed four-bedroom home on 4,639m² in Sandspit, offering expansive sea and bush views from a single level. Features solar power, underfloor heating, designer kitchen, and superb indoor-outdoor flow. Steps from the marina, boat ramp, and bush walks — a luxurious coastal retreat with strong holiday rental or B&B potential.
$3,495,000
barfoot.co.nz/918371
Sylvia Graves 021 889 993
s.graves@barfoot.co.nz
Spacious Family Haven
A beautifully presented 198.5m² four-bedroom home on 336m² in Warkworth, featuring open-plan living, designer kitchen, separate media room, and sun-soaked deck. Includes master ensuite, two bathrooms, internal garage, and views over the Sports Club. Backed by a 10year Master Build Guarantee — quality modern living in a convenient location.
By Negotiation
barfoot.co.nz/929628
Anna Yang 022 153 3021
a.yang@barfoot.co.nz
Muqing Niu 021 0870 8092
m.niu@barfoot.co.nz
Affordable Opportunity – Must Be Sold
A move-in-ready two-bedroom single-level home in a quiet Warkworth street, offering contemporary styling, internal garage, and easy walkable access to town amenities. Low-maintenance and lock-and-leave ready, with a reliable tenant in place. Ideal for downsizers, retirees, couples, or investors seeking quality and convenience at an affordable price point.
By Negotiation
barfoot.co.nz/928251
Potential Plus in Wellsford!!
Muqing Niu 021 0870 8092
m.niu@barfoot.co.nz
Anna Yang 022 153 3021
a.yang@barfoot.co.nz
A distinctive 1950s brick and weatherboard home on 766m² in central Wellsford, offering rural views, three bedrooms, and an oversized garage with workshop. Full of renovation potential and ideally placed near schools, medical centre, and amenities. Strong future value expected with the new motorway completion — a smart entry-level opportunity.
By Negotiation
barfoot.co.nz/927924
Tania Bennett 021 267 1421
t.bennett@barfoot.co.nz
Rodney
SELLING RODNEY, IT’S WHAT WE DO BEST.
Regardless of whether you have a residential home in town, a bach out by the coast or a rural section in Rodney, one of our locallybased branches can help you sell it best! We have:
Expertise in the local market: We have a deep understanding of the Rodney region and are familiar with the local property market dynamics.
Extensive network and local buyer database: We’ve built relationships with local buyers who are actively seeking properties in the area - they’re ready to go now!
Local marketing knowledge: We understand the most effective marketing channels and techniques to reach the right audience in the local area and beyond.
Strong negotiation skills: Our experienced salespeople are high performers who have strong negotiation skill to secure the best possible deal.
Personalised service and local presence: Choosing a local branch means you receive personalised service from salespeople who are accessible and readily available. Warkworth 09 425 8742
Recent Sales
The following pages show a summary of sales in these suburbs: Algies Bay, Arkles Bay, Army Bay, Coatesville, Dairy Flat Gulf Harbour, Hatfields Beach, Huapai, Kaipara Flats, Kumeu, Leigh, Mahurangi, Mahurangi East, Mahurangi West, Manly, Martins Bay, Matakana, Matakatia, Milldale, Millwater, Okura, Omaha, Orewa, Pakiri, Point Wells, Puhoi, Red Beach, Redvale, Riverhead, Sandspit, Scotts Landing, Silverdale, Snells Beach, Stanmore Bay, Stillwater, Tawharanui, Tawharanui Peninsula, Tindalls Beach, Totara Views, Waimauku, Wainui, Waitoki, Warkworth, Wellsford, Whangaripo and Whangateau made by all selling agencies during February 2026.
Our sales data includes information submitted by the selling agency and may include some private sales. Where details of a particular sale may not have been able to be fully verified, it may be omitted from our reports.
Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.
Every reasonable effort has been made to ensure the accuracy of the information presented. Land and floor sizes are approximate, sourced from REINZ, Auckland Council or other public sources and may contain inaccuracies. Barfoot & Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Coatesville & Surrounds
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Millwater, Milldale & Silverdale
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Orewa & Hatfields Beach
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Red Beach & Totara Views
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Warkworth Coast & Country
Whangaparaoa Peninsula
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
