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Property Report - August 25

Jeremy Kelleher
Jeremy Kelleher
17 September 2025

If you’ve been watching the Christchurch market like I have, August tells a clear story. Sales numbers are solid, prices are nudging up, and confidence is there, even if buyers are still taking a measured approach. We’re not seeing the rush of spring just yet, but the base is strong and the right homes are getting good traction.

Quick snapshot

Christchurch City Sales: 650 homes sold, up 7.1% on August last year

Christchurch Median Price: $690,000, up 4.8% year-on-year

Canterbury Region: 1,025 sales, $689,000 median, both up on 2024

Days to Sell (Canterbury): 42 on average, slightly slower than earlier this year

 

What’s happening on the ground

In Christchurch, first home buyers and owner-occupiers are setting the pace. Open homes are steady, and the homes that tick the right boxes: well presented, fairly priced, and in good school zones are standing out. Low-maintenance properties and renovation opportunities are also drawing attention.

Buyers are cautious but committed. They’re taking their time to compare options, but the stability around interest rates is giving them confidence to act when they see value.

 
Listings a little lighter

Compared to the surge of winter listings, August felt a touch quieter. That’s not a bad thing for sellers. With fewer homes on the market, motivated buyers are more focused on the stock available now.

 
Prices edging up

Christchurch’s median price hit $690,000 in August, a 4.8% rise on last year. It shows that, despite the cautious tone among buyers, demand is strong enough to keep values moving in the right direction.

 

What I’d tell a seller right now

The market feels balanced. Buyers are here, listings are tighter, and prices are trending upwards. If you are thinking about selling, don’t wait for spring. The spotlight is brighter now, and the right preparation can make all the difference.

 
Want to see how we do things differently at Kelleher? Our Seller Portal gives you full transparency from day one. Every click, every update, every step of your sale, right at your fingertips.

Enquire

Data sourced from REINZ Property Report – August 2025

Download full report here

 

Property Report - August 25

Other Posts By Jeremy

Property Report - July 25

Property Report - July 25

If you’ve been wondering how the Christchurch market is tracking through the middle of winter, here’s the wrap: it’s steady, resilient, and showing real depth.

Read More
Property Report - June 25

Property Report - June 25

The Christchurch market stayed busy through June, with nearly 30 percent more homes sold than the same time last year. Jeremy looks at what’s driving demand and why winter might be a smart time to list.

Read More

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