Market Intelligence
NZ Luxury Property Market Report
Quarterly intelligence on New Zealand's $3M+ residential market — active listings, median prices, notable sales, and regional trends. Sourced from NZ Luxury Homes listings and public sale records.
Last updated 14 October 2026
National Summary
New Zealand at a Glance
44
Active Listings
$3.8M
Median Asking Price
7
Sales Recorded
$8M
Median Sale Price
Regional Breakdown
By Region
| Region | Active Listings | Median Asking | Sales Recorded | Median Sale |
|---|---|---|---|---|
| Auckland | 18 | $5.2M | 3 | $3.0M |
| Nelson / Tasman | 12 | $2.4M | 0 | — |
| Hawke's Bay | 4 | — | 0 | — |
| Waikato | 4 | $4.0M | 0 | — |
| Otago | 2 | $3.8M | 1 | $35M |
| Taranaki | 2 | $6.2M | 0 | — |
| Bay of Plenty | 1 | $6.0M | 0 | — |
| Northland | 1 | — | 1 | $40M |
| Not disclosed | 0 | — | 1 | $8M |
| Queenstown Lakes | 0 | — | 1 | $16.5M |
Notable Sales
Top Transactions
Andersons Cove, Northland
Andersons Cove coastal estate
$40,000,000+
Sold September 2026
Queenstown, Otago
Queenstown Estate
$35,000,000
Sold July 2026
Speargrass Flat, Queenstown Lakes
Mooney Road, Speargrass Flat
$16,500,000
Sold June 2026
Remuera, Auckland
Remuera Mansion
$8,000,000
Sold September 2026
Not disclosed, Not disclosed
Sir Richard Branson’s former New Zealand base
$8,000,000
Sold September 2026
Waiwera, Auckland
Waiwera
$3,009,487
Sold September 2026
Suburb Rankings
Most Expensive Suburbs
Andersons Cove
Northland
$40M
1 sale
Queenstown
Otago
$35M
1 sale
Speargrass Flat
Queenstown Lakes
$16.5M
1 sale
Remuera
Auckland
$8M
1 sale
Not disclosed
Not disclosed
$8M
1 sale
Waiwera
Auckland
$3.0M
1 sale
Onehunga
Auckland
$3M
1 sale
Methodology
Data Sources & Methodology
This report aggregates data from two sources: active luxury property listings on NZ Luxury Homes (properties priced at or above $3M), and a curated record of notable luxury property sales across New Zealand, sourced from public sale records and news reporting.
Median prices are calculated from available data points. Sale prices are shown where publicly disclosed; properties sold "by negotiation" or with withheld prices are excluded from price calculations but counted in volume. This report is updated regularly as new data becomes available.