28/10/2026
The median price for the Bay of Plenty increased by 1.9% year-on-year to $795,000 in September 2026 📈
“First-home buyers were the most active buyer group in September, while more owner-occupiers were also taking their next step. Investor and developer activity remained limited, although some investors continued to purchase suitable properties.
Vendor expectations were generally aligned with market conditions, although some adjusted during their campaign. Open home attendance was strongest early in campaigns and tended to ease over time. Auction outcomes differed across the region, with successful sales in some areas, while elsewhere further discussion between buyers and vendors was often needed before a sale was confirmed.
Market activity was generally steady, although the lead-up to the general election, interest rates and global uncertainty shaped sentiment. Local salespeople anticipate broadly steady conditions over the next few months.”
👉 To read the full REINZ Property Report for September, head to the REINZ website 👍