The Turangi Real Estate

Tūrangi's property market experienced notable adjustment in December, with the median sale price decreasing 26.94% year-on-year to $657,500, compared with $900,000 in December 2024. This movement reflects the smaller sample size of transactions typical in Tūrangi's market, where individual sales can significantly influence median calculations. Encouragingly, residential transaction volumes nearly doubled from 6 sales in December 2024 to 11 sales in December 2025, demonstrating strengthening market activity despite median price adjustments.

Median days on market extended to 79 days, an increase of 53% from 51.5 days in the corresponding period last year. December recorded 12 total sales comprising the 11 residential properties and 1 rural property, representing improved holiday season volumes for the township compared with the prior year.

The December period traditionally sees quieter market activity in Tūrangi as both permanent residents and holiday home owners prioritize summer recreation over property transactions.
The extended days on market metric aligns with seasonal expectations, as properties listed during this period often carry through into the new year before settling.

Buyer interest centered on affordable family homes and properties offering potential for holiday rental income, with the township's proximity to outdoor recreation continuing to attract lifestyle-oriented purchasers. Well-maintained properties in established locations generated the strongest enquiry.

Looking forward, January and February typically mark a gradual return to market activity as families conclude summer holidays and refocus on property decisions. The current listing inventory provides buyers with selection across various price points, while sellers positioning properties competitively are connecting with motivated purchasers. A steady, measured market rhythm is anticipated for early 2026.

Source: REINZ, December 2025