Welcome to our SOLD Mount Albert Market Report magazine for
May 2025
Our magazine contains the latest available information regarding property sales in the local area along with details of market trends, stats and tips.
Aucklanders continue to have an almost insatiable appetite for property market intelligence, so each month we will share details of the trends in your area. This is just part of our commitment to continue delivering you the highest level of service.
We’ve been locals for decades so we know the area well. Our goal is to apply this knowledge for you so you’re able to make the most of the opportunity that today’s and tomorrow’s market presents.
Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.
Thank you and all the best for the coming month. Mt Albert branch 871 New North Road
Jean Smith and the Mount Albert team
Latest News
Auckland property sales remain strong in April
Monthly Auckland residential property sales continued to gain momentum during April and sales for the first four months of the year were their highest for four years.
“By the end of April this year we had sold 3440 properties, 18.5 percent higher than in the first four months of last year, 65.5 percent higher than in 2023 and 2.8 percent higher than in 2022,” said Peter Thompson, Managing Director of Barfoot & Thompson.
“It underlines that in terms of the number of sales being made, the Auckland market is building some traction.
“In April we sold 842 properties. While down nearly a third on those for March, this was the highest number of sales we have made in April for four years, and we only exceeded this number in April once in the last nine years.
“Sales in the early part of April slowed when talk of tariff ‘trade wars’ reached their highest but rebounded quickly towards month’s end.
“March is the peak of the summer selling season, and a decline in sales numbers compared to March is normal.
“From a price perspective the market showed no signs of lifting, with prices in April drifting downwards with the median price at $934,000, being down 3.7 percent on that for March, and the average price at $1,110, 689, down 3 percent.
“Prices normally ease back post March as we head into autumn.
“A marked feature of sales in April was the high percentage of sales in the under $750,000 price segment, which accounted for 26.8 percent of all sales. In March this price segment accounted for 23.4 percent of sales.
“The high number of new build apartments and town houses in the under $750,000 price segment currently hitting the market are proving extremely popular with first time buyers and investors.
“Sales of properties for in excess of $2 million represented 7.5 percent of all sales, and this figure is consistent with the percentage of $2 million sales in April last year.
“New listings for April were a healthy 1578, and were in line with April last year, and properties for sale on our books
at month end were 6113.
“This number is only marginally down on last month’s record level of properties for sale at month end.
“April sales in the rural and lifestyle markets to the north, south and west of Auckland continued to enjoy strong sales activity in the month, with sales reaching a little over $61 million. This level of turnover was down only 5 percent on March’s outstanding sales month.
“With 28 rural and lifestyle properties being sold, this was the highest number of sales in the month of April in four years.”
Peter Thompson Managing Director
Mount Albert & Sandringham
Market Share and Figures
Market Leaders
We sell across all price brackets and types of property. Here’s proof why people continue to list and sell with Barfoot & Thompson.
Overall Market Share
Over the last 12 months, Barfoot & Thompson sold over one third of property in our area*.
For the period from 1st May 2024 to 30th April 2025, we sold 36% of all properties for sale in the area – that’s over 390 sales made by Barfoot & Thompson!
Monthly sales overview in the local area* (*Recent Sales)
*Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. The area shown includes Avondale, Mt Albert, New Lynn, New Windsor, Sandringham & Waterview. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
1st February to 30th April 2025 compared to the same period last year.
of properties in Mt Albert & Sandringham sold for $1.5 million or more over the last 3 months. 38%
1st February to 30th April 2025 compared to the same period last year.
Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where sales information was not publicly available, an individual sale may have been excluded from the average results and tallies. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
TIME TO SELL! OFFERS & NEGOTIATION
TOP TIPS
Why working with Barfoot & Thompson can help sell your home.
In our recent editions we have examined the steps involved in selling your home from getting ready to sell right through to the ins and outs of open homes.
This article discusses what to expect when the time comes to look at offers.
Remember we have more information and a range of videos on our website to help you make the very best choices.
barfoot.co.nz
barfoot.co.nz/sell/selling-guide
Now it gets exciting!
The marketing has hit its targets and now buyers want to proceed with an offer...
Auction
As we all know: where there are offers, often negotiation is involved!
How an offer is made, along with the particular terms and conditions on which a sale depends, will be determined to some extent by the method of sale you have chosen. In every case, your Barfoot & Thompson salesperson will be there at every step to guide and assist you - and liaise between you and the buyer.
When selling by auction you will have set terms and conditions of the sale together with our auction department and your solicitor.
This is recorded in an agreement that will be sent to interested parties during the marketing campaign so they are fully informed before auction day.
During the weeks leading up to the auction, a buyer might ask for a variation on your terms and conditions. For example, a party may ask you to agree to a different possession date, should they be the highest bidder on the day. This is formally documented and signed off
by both parties well before the auction; and the decision to agree, or not, is always yours.
Sometimes, an acceptable offer is made before auction day, which may lead to the auction being brought forward, this is referred to as a pre-auction offer. In this scenario, the acceptable offer serves as the opening bid, while other interested parties are given the opportunity to bid upward from there.
Once the property has sold under the hammer, you and the purchaser are asked to sign the contract documenting the sale, which will then be distributed to your and their solicitors for processing. Arrangements
for a deposit are made (usually by cheque or by bank transfer the same day), and the remainder of the purchase price is due on settlement day. Should the property not sell at auction, then there is room for conditional buyers to enter the arena and an agreement can be negotiated.
What can I expect on auction day?
For detailed information about all of the steps and what to expect on Auction day head to our website – we have dedicated pages for both buyers and sellers including videos from our salespeople and top auctioneers.
Sellers guide to auctions barfoot.co.nz/sell/selling-methods/ guide-to-auctions
Buyers guide to auctions barfoot.co.nz/buy/ways-to-buy/ auctions
Negotiation
If you have decided to sell by negotiation offers can be presented at any point. As with auctions and tenders, offers are presented in writing on a sale and purchase agreement. You will consider the terms and conditions in the agreement, as well as the price in order to determine whether you would like to accept or negotiate further via a counter offer.
Once you have accepted an offer, signatures are required on a final document and this agreement will be distributed to both parties’ solicitors. If the agreement is contingent on conditions, then the purchaser has a number of working days specified to satisfy these and the agreement becomes unconditional once this is completed - meaning your property has sold!
Sometimes an unconditional offer is made where the only aspect left to negotiate is price. This is called a ‘cash unconditional’ offer and once both parties agree on the price, the property is sold.
Tender
If you have decided to sell by tender, your salesperson will present you with offers at the set day and time the tender closes. The terms and conditions in the agreement as well as the offered price will help determine which offer you would like to accept, or whether you would like to negotiate further.
Offers are private and confidential - they are for your consideration, for which you are allowed to allocate a time frame of five working days. The terms and conditions in the agreement, as well as the offered price will be determining factors in your decision which offer you would like to accept or negotiate further.
Once an offer is accepted, you will sign it and the agreement will be distributed to the solicitors for processing. If the agreement is contingent on conditions, then the purchaser has a number of working days specified to satisfy these. When these conditions complete, the agreement becomes unconditional and the property is sold.
During this period your sales person as well as your solicitor will be working together with the buying party to facilitate the sale at every step.
More info:
Remember we have a wide range of information for buyers and sellers including many videos and step by step guides on our Youtube channel. www.youtube.com/user/ BarfootThompsonNZ
Head to our website for more or contact one of our team directly. We’re happy to help. barfoot.co.nz
Recent
Sales
The following pages show a summary of sales in Mt Albert & Sandringham made by all selling agencies during April 2025.
Our sales data includes information submitted by the selling agency and may include some private sales. Where details of a particular sale may not have been able to be fully verified, it may be omitted from our reports.
Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.
Every reasonable effort has been made to ensure the accuracy of the information presented. Land and floor sizes are approximate, sourced from REINZ, Auckland Council or other public sources and may contain inaccuracies. Barfoot & Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Mount Albert
48A Asquith Avenue
$1,880,000
35
Chatham Avenue
$2,300,000
32A Ennismore Road
$1,380,000
38
Hendon Avenue
$1,012,000
63
Kitenui Avenue
$2,835,000
16
La Veta Avenue
$1,150,000
2P/27
Morning Star Place
$390,000
1018B New North Road
2 Olympus Street
$840,000
46 Richardson Road
$1,430,000
1/52 Sainsbury Road
$1,700,000
G05/1B Soljak Place
$540,000
32 Tasman Avenue
$1,500,000 $2,000,000
23 Vinter Terrace
$1,550,000 $1,800,000
40 Willcott Street
$1,650,000
69A Woodward Road
$600,000
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
29B Arabi Street
$1,375,000
8/78 Aroha Avenue
$598,000
1/253 Balmoral Road
$605,000
4/46
Fowlds Avenue
$950,000
73 Gribblehirst Road
$3,350,000
302 Mount Albert Road
$1,298,000
1 Oxton Road
$1,900,000
2A Pickett Avenue
$1,295,000
34 Renfrew Avenue
$1,336,000
298 Sandringham Road
$1,295,000 $1,500,000 CV Land Size Sale price 378 Bedrooms 3 Floor size 112
19A Shaw Street
$2,050,000 $2,150,000 CV Land Size Sale price 410 Bedrooms 3 Floor size 128
45 Taumata Road
$1,700,000 $1,950,000 CV Land Size Sale price Crosslease Bedrooms 4 Floor size 189
3/80 Taumata Road
$980,000 $900,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 110
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
These days, selling a property is all about views.
Buyers now spend more time than ever online, so it’s smart to market your property there too. Fortunately, our salespeople are well-versed when it comes to all things digital. Want a 3D walkthrough to fully showcase your home’s features? We can do that. Or to advertise your place with a video on Facebook or YouTube? Not a problem. And we have a wide network of property websites to list your property on, ensuring your place is seen by as many potential buyers as possible. To find out how else we can help, check out our website.
Meet the Team
Jean Smith
Branch Manager 027 499 5857
Family is everything to me, that’s why choosing to work for Barfoot & Thompson was an easy choice. Family is one of their core values along with caring for their community. They are a Five-Star partner of the Starship Foundation, they also support Mercy Hospice and many local schools and clubs.
I have now been with the company for 40 years! I began my career as an administrator, 10 years as a successful salesperson and from then as a Branch Manager. In 2018, I was honoured by the company and inducted into their Hall of Fame. All of these roles have given me such a wide range of skills. Moving to New Zealand from Scotland in 1973, helped me to understand what it’s like to move to a new country and find a new home, an experience I haven’t forgotten.
I am passionate about all aspects of the real estate industry and in the late 90’s, became involved with REINZ, the national industry body. In 2003, I was appointed Auckland District President, the first women to hold that position and in 2007 I was honoured to receive a Fellowship. I then became the Auckland/Northland Regional Director on the newly formed REINZ board.
Both the sales team and property management division at the Mt Albert branch are experienced and have a vast knowledge of the local area. As a branch, we play a very active role in the community sponsoring local schools, kindergartens and sports clubs. We are proud to be the major sponsor for the 1st XV at MAGS.
It is a privilege to work for this family company, and after 40 years I still love coming to work every day to be part of this special team.
Property Management team
Renee Wesche
027 431 9539
Aleah Hallie
027 431 9540
Kay Kang
Sissi Shi
Lianne Turner-Morice
Manager 027 801 9381
Residential Sales team
Maggie Chen 022 694 1838
James Ju 021 770 018
Jay Sun 022 432 0051
Joanne Yu 027 568 2772
Kimberley Ea 021 033 0096
Jane Li 021 740 558
Yogesh Suri 021 630 722
Jane Zeng 021 801 961
Karen Gianotti 021 137 4152
Chase Liu 021 258 3760
Ian Wang 021 410 252
Gavin Han 021 993 773
Leo Liu 021 268 8108
Christine Wooding 021 940 350
Zach Huang 021 143 2675
John Mei 021 580 666
Rachel Xie 021 028 86516
871 New North Road, Mt Albert, Auckland 1025
Residential Sales 09 846 9197
Property Management 09 846 9421
Email mtalbert@barfoot.co.nz
barfoot.co.nz/mt-albert
Barfoot & Thompson Mount Albert