Housing stock grows as listings climb 10.7%

Buyers had considerably more properties to choose from in September than a year earlier, although the number of newly listed homes increased only slightly.

According to realestate.co.nz, the total number of properties for sale in September was 10.7% higher than in September 2025, while the number of new listings coming onto the market was just 0.8% higher.

The increase in available properties comes during spring, traditionally a busy selling season when more homeowners put their properties on the market. This year, buyers have a significantly wider selection of homes than they did 12 months earlier.

Why the difference between total and new listings matters

New listings measure properties coming onto the market during a particular period, while total listings measure the stock of properties available for sale.

When total listings rise much faster than new listings, it can indicate that properties are remaining on the market for longer rather than a large number of additional sellers suddenly deciding to list.

For buyers and sellers, one useful measure to watch is days on market – the length of time properties typically take to sell.

A property that has been listed for several months may warrant a different approach from one that has just entered the market. However, a lengthy listing period doesn't necessarily mean the seller is desperate to accept a lower offer.

It's also important to look beyond national figures. The balance between new listings, total listings and sales activity can vary considerably between suburbs and property types.

Understanding those local differences can help buyers and sellers develop more realistic expectations about how long a transaction might take.

For clients who are preparing to begin their property search, we can help them get their finance organised so they're ready when the right opportunity comes along. Feel free to put us in touch.