Our March 2025 Rotorua Property Market Report is essential reading for the latest in National and Rotorua Property Market Trends. Read on for positive news of continued stability in the market.
Welcome to our March 2025 Rotorua Property Market Update, which is based on the REINZ verified sales reports to end of February 2025.
National Trends
Sales rose 3.4% year-on-year and increased 59.5% in February 2025 compared to January 2025.
Listings declined 3.6% year-on-year and excluding Auckland listings declined slightly by 0.3% compared to February 2024.
The national median days to sell rose by 3 days to 54 days year-on-year, and excluding Auckland it increased by 2 days to 54 days.
Housing price Index (HPI) as a measure of market trend is:
- A decrease of -1.2% year-on-year.
- An increase of +1.4% compared to January 2025.
- Average HPI growth rate has been approximately +4% per annum over the past 5 years.
- HPI is currently -10.6% lower than its peak in 2021.
Overall
- February 2025 as expected was a busier month than January 2025 as we move away from the holiday season.
- The number of listings coming to market has remained relatively static month-on-month.
- HPI remains relatively static year-on-year and is up slightly month-on-month from January 2025 to February 2025.
Our thought is that as we move away from the holiday season, there is a typical lift in sales volumes and over all the market (nationally) is continuing to show a stable albeit static market trend.
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Rotorua Property Market Update
There are currently 530 properties listed for sale (trademe.co.nz) as at 21st March 2025. This compares to 507 listings as at 2nd March 2025, and 437 listings as at 23rd January 2025.
67 properties were sold in February 2025, compared to 38 sales in January (adjusted count), 68 sales in December 2024, and 84 sales in November 2024.
The 67 sales for February 2025 are in line with the 67 sales reported for February 2024.
HPI as the most accurate measure of market trend was:
- +1.6% for month of February 2025.
- +0.5% for the 3-month period Dec-Jan-Feb.
- 0.0% for the 12-month period Jan 2024- Feb 2025.
Looking at the 3-month HPI results from toward the end of 2024 to end of February 2025 we have:
- +4.5% for Sept-Oct-Nov 2024.
- +2.5% for Oct-Nov-Dec 2024.
- +0.2% for Nov-Dec-Jan 2025.
- +0.5% for Dec-Jan-Feb 2025 (latest result).
Overall
The increase in sales volumes from January 2025 to February 2025 is typical and expected as we move away from the holiday season. It is in line with the national trend and is a positive indicator of market activity.
HPI index year-on-year at 0% reflects a 12-month static market trend. The encouraging ‘positive bounce’ in the 3-month HPI trend noted toward the end of 2024 is continuing to ‘hold’.
Most recently we have an encouraging +1.6% increase in HPI for February 2025.
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Power of 2 Update
What is pleasing is the positive HPI 3-month trends reported toward the end of 2024 have continued to ‘hold’ as we progress into 2025, together with a +1.6% increase for February 2025. Overall, the stats are indicating continuing stability in the Rotorua property market.
In our opinion the progressive softening in mortgage interest rates should continue to provide existing home-owners relief and also encourage prospective buyers to refresh or apply for home loans and move forward in their search for a property to purchase.
Admin Fee on Successful Sale
Arizto as a company continues its commitment to delivering superior real estate with a low and affordable fee, together with hi-impact marketing at no cost to the seller, regardless of outcome.
The costs of running a business do not take a holiday.
Arizto has announced the introduction of a modest $650+GST admin fee only for the successful sale of a property, which takes effect for new agency agreements signed on or after 1st April 2025.
In the big picture it is vital to note that Arizto’s key points of difference remain:
- No sale No fee
- A low & fair fee
- No upfront listing costs
- Free marketing
A key driver for our move as The Power of 2 from a traditional agency to Arizto in August 2021 was to provide our sellers with a low and affordable fee, free hi-impact marketing, and a modern real estate platform that offered our sellers considerable advantages.
With over 100 successful sales since our move to Arizto, we know that sellers have embraced the Arizto model. Sellers love the savings they make, together with the value we add as experienced, highly recommended agents.
We are refreshing our ‘handy dandy’ fee slider on our Home page to reflect the introduction of this admin fee on successful sale.
Veena and I have also retained a minimum Flat Fee for sales below $575,000 which moves from $11,500+GST, to $12,150+GST (no sale no fee).
Overall, the cost savings we offer with Arizto are significant, and are the sum of:
- the savings on fee/commission compared to traditional agencies plus
- the additional savings with free marketing regardless of outcome
We are open and honest about our fees. We do not leave you guessing!
Why Us?
One of the most important decisions anyone who is considering selling needs to make, is their choice of agent.
And when asked by prospective sellers “Why should we choose you?” our key points are:
- Our guiding principles are honesty and integrity.
- We dedicate ourselves to acting in your best interests at all times.
- We work as a team. Our complimentary skill set, and extra capacity empower us to deliver superior service and results.
- We offer a wealth of knowledge and experience.
- We come highly recommended by past sellers.
Our greatest accolade is satisfied sellers, so we encourage you to review our Testimonials, so you can research what past sellers say about us.
We wish you and your loved ones all the very best, and for all things real estate you are warmly invited to call us for a relaxed conversation or simply book your Free Appraisal.
Wayne and Veena Hemingway - The Power of 2, Arizto Rotorua - March 2025
