Where Are Property Prices Falling in New Zealand? (2026 Report)

DistressDeals Data Report · Updated daily from live listings

Active drops309
Avg reduction−4.5%
Biggest drop−19.5%

DistressDeals currently tracks 309 active price-drop listings in New Zealand, with an average reduction of 4.5% and a peak single-listing drop of −19.5%. These are confirmed seller price reductions on live listings — not estimates or seasonal adjustments.

Regions with the Most Price Drops in New Zealand

These regions currently have the highest concentration of price-reduced listings in New Zealand.

  1. 1.Wellington28 drops
  2. 2.Manawatu / Whanganui25 drops
  3. 3.Coromandel24 drops
  4. 4.Southland23 drops
  5. 5.Otago23 drops
  6. 6.Taranaki22 drops
  7. 7.Hawkes Bay21 drops
  8. 8.Wairarapa19 drops

Largest Individual Price Reductions in New Zealand Right Now

The listings below show the steepest percentage price cuts currently active in New Zealand, ranked by reduction size.

  1. 1.−19.5%110 Avon Road, Centre BushCentre BushNZ$149,000NZ$185,000
  2. 2.−18.2%A16/473 Thames Coast Road, Te PuruTe PuruNZ$90,000NZ$110,000
  3. 3.−16.2%12 Hume Street, WaitaraWaitaraNZ$289,000NZ$345,000
  4. 4.−15.4%30 Rarere Terrace, KerikeriKerikeriNZ$825,000NZ$975,000
  5. 5.−14.8%80 Regency Crescent, RedwoodRedwoodNZ$979,000NZ$1,149,000

About This Data

DistressDeals monitors real-estate listing portals across 60+ countries daily. A price drop is recorded when a seller reduces their asking price by a qualifying amount from the original listed price. All figures reflect the current active listing price versus the peak recorded price for that listing. Data refreshes daily; sold or expired listings are removed automatically.

Browse all price drops in New Zealand →This week's biggest drops in New Zealand →All market reports →