Welcome to our SOLD Mount Albert Market Report magazine
for June 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 house buyers out in force in May, setting new sales highs
House buyers were out in force during May in Auckland, with sales for the month increasing by more than a quarter on those in the previous month and reaching their highest in the month of May for four years.
“May was an exceptional month with sales of 1,072 properties, the third month in a row where sales numbers for the month have established post 2021 records,” said Peter Thompson, Managing Director of Barfoot & Thompson.
“Sales in May were up 27.3 percent on those for April. From a sales number perspective, the market is humming.
“Contributing to the high turnover in property is that prices are static, with the median sales price for the month at $928,500 and the average sales price at $1,085,751.
“The market is in one of those rare moments where prices are stalled and now represent better value for money than at any time in the last two to three years.
“Buyers are recognising the market is potentially on the
cusp of change and are taking advantage of the prices on offer.
“The number of homes for sale remains high, with 1,855 new listings in the month, a nine-year high for May, bringing the number of homes on our books at month end to 6,083. This is double the number of homes for sale in 2021 when sales prices peaked.
“The level of new apartment style homes reaching the market is beginning to influence market statistics.
“For example, 30 percent of the homes we sold in May were valued at under $750,000, while five years ago, only 7 percent of the homes we sold in May were in this price category.
“As well as making homes more accessible to those on limited incomes, the volume of apartment style homes being sold are keeping in check the market’s median and average sales values.
“At the top end of the market, sales of properties in the $2 million and above price category remain strong, with monthly sales in this price segment year-to-
date running at 57, their highest post the 2021/2022 price peak.
“The rural and lifestyle markets to the north, south and west of the Auckland metropolitan area also experienced a strong lift, with sales for the month reaching nearly $80m, our highest monthly sales in these markets this year.
“Compared to April, rural and lifestyle sales numbers were up 61 percent, and total sales values were up 30 percent.”
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 June 2024 to 31st May 2025, we sold 36% of all properties for sale in the area – that’s over 385 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 March to 31st May 2025 compared to the same period last year.
1st March to 31st May 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.
FROM SALE TO SETTLEMENT
TOP TIPS
Why working with Barfoot & Thompson can help sell your home.
In our recent editions we have discussed the steps involved in selling your home, from getting ready to sell right through to the ins and outs of offers and negotiations. This article examines what happens after the sale, and on settlement day.
Remember we have more information and a range of videos on our website to help you make the very best choices. barfoot.co.nz/sell/selling-guide
Congratulations: your property has sold!
After the bubbly has been popped and the celebrations are over, our clients often ask us: “Now what?” Not to worry, the route from sale to settlement is a relatively straight forward one, and your Barfoot & Thompson sales person will guide you every step of the way. Now what?
What do I need to do?
Unconditional vs. Settlement
Once the agreement you have signed “goes unconditional” it is legally binding, meaning both you and the purchaser now have to fulfil obligations specified in the contract in order for the property to change owership.
Deposit
Upon the sale of the property, the purchaser is required to pay a deposit. We will hold this deposit in the Barfoot & Thompson trust account for 10 working days.
We’ll work with both solicitors directly during this process and will let you know once the deposit has been transferred to your solicitor’s bank account.
Keys on Settlement
On settlement day, the remainder of the purchase price of the property is paid to you, and the Property Title is transfered to the purchaser, who will then be the new owner.
We’ll hold your house keys at our Barfoot & Thompson office until your solicitor advises us in writing that the above has taken place, at which point they’ll be made available for the new owner to collect. We won’t release your keys until we are legally entitled to do so.
There is a number of things you’re required to do as part of your duties as a vendor:
• You must ensure all chattels included in the sale are in reasonable working order on settlement date. Excepting fair wear and tear, they should be in the same condition they were in on the date of sale. If there is any significant damage, the purchaser is entitled to compensation from you.
• You must ensure all bills for electricity, gas, water and rates on the property are up to date. There should be no outstanding charges on the accounts on settlement day.
Before Settlement:
• Make an appointment with your bank to discuss your financial arrangements for settlement day, and to sign the necessary financial documents.
• Make an appointment with your solicitor. You’ll need to arrange to sign the necessary legal documents to transfer the property from your name into that of the new owners.
• Organise the move! Arrange for someone to look after your children or elderly family members during the packing/ moving process if required. Book a moving company if you’re using one, and start collecting boxes and newspaper to pack your things in.
• Arrange the transfer of water, telephone, electricity and gas services. You’ll need to contact your service providers to notify them that you’re moving, and have all services at the property transferred from your name. You’ll also need to arrange final readings on the day of your move.
• Transfer any other services and organise your change of address.
• If your property is tenanted, you may have arranged with the purchaser that the tenants stay on under the new ownership. If so, this should have been included in the Sale and Purchase Agreement. If not, the property must be vacant on settlement date.
On Settlement Day:
• If the property is sold with vacant possession, then you must let the purchaser (or anyone authorised by them in writing) complete a property check prior to settlement. They’ll check the condition of the property, including the chattels and fixtures that are included in the sale. They must give you reasonable notice for this visit.
• On the day of possession, you must make all keys available to the purchaser.
• The set of keys should include all exterior door keys, electronic door openers and keys or codes to any alarms on the property. If the property is tenanted, however, these items will remain with the tenant(s).
It’s good to remember that in between the date of sale and the date of settlement, the property and chattels remain in your name. This means you are responsible for any damage that may occur between the sale and the settlement date.
Learn more about the steps between sale/ purchase and possession in our video explaining what happens at the presettlement inspection.
Remember we have a range of video tips for sellers. Head to our website for more information: barfoot.co.nz/sell/video-tips
Our salespeople have all the experience you need and are happy to provide you with more advice and information. Feel free to drop in at a branch, call, or contact us online.
With Barfoot & Thompson, not only do you have the strength of Auckland’s largest and most trusted real estate company behind you, you also have 1,700+ salespeople working for you.
Recent
Sales
The following pages show a summary of sales in Mt Albert & Sandringham made by all selling agencies during May 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
72 Asquith Avenue
$2,005,000
90 Asquith Avenue
$1,470,000
15C Burch Street
$1,040,000
22B Fairleigh Avenue
$1,300,000
3/5 Fifth Avenue
$930,000
1B Highland Road
$2,480,000
2/34
Kitenui Avenue
$860,000 $960,000
6 La Veta Avenue
$2,050,000
3/17 Lyon Avenue
$850,000
1 Mark Road
$1,350,000 $1,725,000 CV
612
2A Martin Avenue
Size Sale price 563
$1,270,000 $2,075,000 CV
146 Mount Albert Road
Size Sale price 688
$1,625,000 $2,050,000 CV
1225 New North Road
Size Sale price 3086
$4,500,000 $5,500,000 CV
4 Norgrove Avenue
Size Sale price 678
$3,700,000 $3,225,000 CV
G01/55 Range View Road
$800,000 $800,000 CV
59D Richardson Road
$1,000,000
55 Seaview Terrace
$831,000 $920,000 CV
22C Stewart Road
$1,452,800
4
4
3
30
4
50A Stewart Road
$1,550,000 $1,875,000 CV Land Size Sale price 400 Bedrooms 5 Floor size 260
20 Tasman Avenue
$937,000 $1,500,000 CV Land Size Sale price 440 Bedrooms 2 Floor size 92
4E Thomas Avenue
$1,130,000 n/a CV Land Size Sale price n/a Bedrooms 3 Floor size n/a
21 Tyburnia Avenue
$1,435,000 $2,075,000 CV Land Size Sale price 809 Bedrooms 3 Floor size 117
29B Tyburnia Avenue
$1,410,000 $1,725,000 CV Land Size Sale price 369 Bedrooms 4 Floor size 120
15 Wairere Avenue
$3,125,000 $2,975,000 CV Land Size Sale price 736 Bedrooms 5 Floor size 249
32 Willcott Street
$1,285,000 $1,600,000 CV Land Size Sale price 506 Bedrooms 2 Floor size 99
10/41 Woodward Road
$426,000 $625,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 59
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.
Sandringham
3/40 Arabi Street
$690,000 $920,000
37 Aroha Avenue
$2,020,000
3/9
Begbie Place
$400,000 $770,000
5/3
Grove Road
$560,000 $750,000
13 Huntingtree Avenue
$1,760,000
17A Jason Avenue
$1,280,000
1/1 Kingsway Avenue
$582,500
1/17 Kingsway Avenue
$760,000
40A Oxton Road
$1,551,000
4/5 Patterson Street
$1,000,000
48 Renfrew Avenue
$1,590,000
24 Royal Terrace
$1,950,000
13B Watson Avenue
$905,000 $960,000 CV
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.
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
John Mei 021 580 666
Christine Wooding 021 940 350
Kimberley Ea 021 033 0096
Jane Li 021 740 558
Jay Sun 022 432 0051
Karen Gianotti 021 137 4152
Chase Liu 021 258 3760
Suri 021 630 722
Rachel Xie 021 028 86516
Joanne Yu 027 568 2772
Han 021 993 773
Liu 021 268 8108
Wang 021 410 252
Zeng 021 801 961
Yogesh
Ian
Jane
Leo
Gavin
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