Welcome to our SOLD Parnell Market Report magazine for April/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.
Nick Fistonich and the Parnell team
Parnell branch
300 Parnell Road
Parnell, Auckland 1052
P 09 366 0015
E parnell@barfoot.co.nz barfoot.co.nz/parnell
Latest News
Auckland housing market recovery arrives
The Auckland housing market has responded aggressively to improved buying conditions with turnover hitting the highest number of sales in a month for more than three years, and with prices at their highest this calendar year.
“The long-anticipated housing market recovery finally arrived in March,” said Peter Thompson, Managing Director of Barfoot and Thompson.
“We sold 1,213 properties in March, and you need to go back to July 2021, when the market was just off its peak, to find a month when we sold more homes.
“There was also a marked increase in sales prices during the month, with the median price increasing by 4.3 percent to $970,000 and the average price by 3.4 percent to $1,145,045.
“The momentum in the market has been slowly building since the start of the year, and with marginally better economic
news in March confidence in the housing market lifted.
“Although both the median and average prices paid in March were at their highest this year, buyers continued to be cautious, and the prices being paid remain below where they were at this time last year.
“Higher sales number at modestly higher prices is a positive sign that improved market activity is likely to be sustained over the next few months.
“Buyer choice remains at an alltime high despite the high sales in March, and we listed 2,103 new properties in the month through a combination of new builds reaching the market and existing properties.
“At month end we had 6,268 properties on our books, by far the largest number of listings for 15 years.
“Sales activity was strong in all price segments during March, with a notable increase in sales at the top end of the market.
“We sold 28 homes for more than $3 million, the highest number in a month for three years and another 61 between $2 to $3 million.
“Sales activity in the rural and lifestyle markets in Northland and the Auckland region also increased significantly in March, with sales of close to $65 million across 39 properties.
“While turnover in the rural and lifestyle markets was up 48 percent on that for February, it was in line with turnover at the same time last year.”
Peter Thompson Managing Director
Parnell & Newmarket
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 more than a third of all listed properties in our area.
For the period from 1st April 2024 to 31st March 2025, we sold 34% of all properties for sale in the area – that’s over 650 sales made by Barfoot & Thompson!
Monthly sales overview in the local area* (*Recent Sales)
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 Ellerslie, Epsom, Greenlane, Hillsborough, Mangere Bridge, Mt Eden, One Tree Hill, Onehunga, Parnell, Remuera, Royal Oak, Sandringham & Three Kings. 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.
Figures shown on this page include
sales. Where sales information was not publicly
baselined on the 13th of each month for the
of the information. Barfoot and Thompson Limited (REA2008)
AUTUMN IS AN AWESOME TIME TO SELL
Summer is often seen as the most ideal time of the year to list your home but it can be smart to wait until autumn to hammer that ‘for sale’ sign into your lawn.
After all, the kids are back in school, the weather is still temperate and people are traveling less creating a more captive audience.
Rest and relaxation
Summer months are meant for relaxing, and spending time with family. Keeping the house clean with the kids home all day coupled with having to work around open houses can really be overwhelming. Wait until the dust has settled and people are closing up baches and coming home from the beaches.
The charm of autumn
There is something so lovely about the changing leaves and a crisp cool morning with a cuppa in your hand. Have a cookbook open on your countertop to a recipe for a hearty stew next to a bowl full of red apples and home buyers will be able to picture themselves getting cosy during a night in. Plus, the autumn palette on your trees can make your garden more appealing.
Heating and cooling during a cooler market
In summer, heatwaves make sweltering indoor temperature a glaring issue. Attendees at open homes often find themselves sweaty and uncomfortable while viewing properties, especially during mid-day viewings. Prospective buyers then become aware of how hot a home could be and it might therefore appear less appealing. Autumn temperatures make for a more pleasant period of time with weather extremes less of an issue. Plus, things like heat pumps and fireplaces (more common than air con) become big selling points.
Less competition
There are fewer homes on the market during the autumn months so your property will potentially receive more attention and have less competition for buyers.
Less competition for your power team
Having the right photographers, salesperson, home stagers and cleaners can be game changers when putting your house on the market. During the summer, these coveted services can be more expensive and the “best of best” can be fully booked. Waiting until the fall means there is less demand for services so you can score an appointment and you may be able to negotiate lower rates.
Buyers tend to be more serious
Autumn home buyers tend to be more focused on what they want.They have had the summer to hone down their property wish list and will be more likely to move quickly to purchase. Another motivation is that few want to brave winter’s cold temperatures when packing and settling in.
Want to know more about how to add value to your property?
For more advice, contact one of our salespeople or check out all our selling tips on how to add value to your home.
Recent Sales
The following pages show a summary of sales in Parnell, Newmarket and Remuera made by all selling agencies during March 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.
9/6 Brighton Road
$545,000
74 Brighton Road
$2,150,000
3/5G Cheshire Street
$720,000
4A/24 Domain Drive
$4,800,000
4 & 6 Domain Drive
$2,400,000
2F/27 Falcon Street
$358,000
1/11 Freemont Street
$530,000
3N/118 Gladstone Road
$645,000
6/340 Parnell Road
$635,000
Remuera
720/26 Remuera Road
$862,000
1/153 Bassett Road
$1,452,000
$1,920,000
2 Belmont Terrace
$1,517,500
14A Burwood Crescent
$2,985,000
20E Clonbern Road
$1,080,000
61B Clonbern Road
$2,300,000
1/63B Clonbern Road
6A Glen Esk Place
$2,400,000
3K Laxon Terrace
$980,000 $1,080,000
65 Lingarth Street
$4,400,000
Lot 5/5 Macmurray Road
$1,900,000
9/36 Mainston Road
$1,690,000
7A Mainston Road
$2,150,000
12
Martin Avenue
$6,475,000 $5,100,000
19 Maui Grove
$2,100,000
2A Mcfarland Street
$1,700,000
503/10 Middleton Road
$2,900,000
804/8 Middleton Road
$2,010,000
121 Ngapuhi Road
$1,500,000
12/137 Portland Road
$715,000
5A Rangitoto Avenue
$2,531,000
6 Rangitoto Avenue
$3,390,000
1 Raukura Lane
$1,450,000
5/406 Remuera Road
$3,800,000
7/636 Remuera Road
$1,300,000
676C Remuera Road
$1,420,000 $1,280,000 CV Land Size Sale price 238
3 Floor size 180
2B Richard Farrell Avenue
$2,404,000 $1,950,000 CV Land Size Sale price 452 Bedrooms 4 Floor size 213
37 Ridings Road
Size Sale price 858
$5,400,000 $6,600,000 CV
5 Floor size 480
6/2A Seascape Road
Size Sale price 261
$1,370,000 $1,400,000 CV
70A Seaview Road
$2,850,000 $3,025,000 CV
72 Shore Road
3
3 Floor size 200
$4,400,000 $4,000,000 CV Land Size Sale price 726 Bedrooms 4 Floor size 300
8 Stirling Street
$5,880,000 $5,300,000 CV Land Size Sale price 741
4 Floor size 392
20 Te Kowhai Place
$2,900,000 $3,275,000 CV
4 Tiki Street
$1,030,000 $1,200,000 CV
4
3C Walton Street
$2,660,000 $2,450,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 184
11 Warrington Road
$3,850,000 $3,700,000 CV Land Size Sale price 705 Bedrooms 4 Floor size 253
2 Woodley Avenue
$7,200,000 $5,300,000 CV Land Size Sale price 867 Bedrooms 5 Floor size 412
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
Nick Fistonich
I first stepped into the property industry in 2008, and since then my career has gone from strength to strength. I’ve represented a number of New Zealand’s leading real estate brands, won multiple awards along the way, and gained a reputation as a top performer with a wealth of experience across property sales, business ownership and management.
I am known for my tireless work ethic, high energy, expert knowledge and ability to lead strategic business growth.
I also have a strong desire to succeed, which plays perfectly into my role as branch manager at Parnell - inspiring my team to aim high, achieve great things, grow and develop, and find reward and satisfaction in their work, every day. Of course, Barfoot & Thompson provides the perfect platform upon which we can all do this, thanks to the company’s vast network, market-leading position and outstanding access to resources and support.
We’re very fortunate to be working in the Parnell area, as this offers a unique backdrop for our operations. We consistently enjoy dominant market share in the suburb – likely due to the fact that we’re passionate about the area, have great local knowledge, and are experienced in selling the wide variety of properties on offer.
Looking ahead, my focus for the branch revolves around elevating our service offering and growing our sales and property management capability. I also intend to expand the team, building on our already impressive track record for great customer service, and stellar sales results.
Whether you’re considering buying or selling a property, or contemplating a career change, I would be delighted to assist. Feel free to call me at Barfoot & Thompson Parnell, and let’s explore the possibilities.
Property Management team
Wenzi Liu
581 4692
Kees Mors
Ken Ngan
027 431 9666
Charis Salamat
Residential Sales team
Louise Allan 021 251 9129
Amy Ho 027 666 9993
Edwin Madhvan 027 778 6347
022 644 6545
Greg Collins 021 893 335
Jonas Ho 027 666 9360
McMillan 021 396 767
027 551 2797
Corbin 021 643 673
Holland 021 227 0087
028 459 6673
021 829 188
Giles 021 764 356
021 751 751
021 300 612
021 960 231
887 886
021 311 311
Alexandra
Ian Griffiths
Sue
Silvia Poletti
Abhi Sreekumar
Caterina Poletti
Cindy Yu
Victoria Yao
Terry Zheng 022 429 2388
Sally
Bobby
John Howard
Manuela Isaac 021
Richard Pereira
Barfoot & Thompson Parnell
300 Parnell Road, Parnell, Auckland 1052
Residential Sales 09 366 0015
Property Management 09 366 0071
Email parnell@barfoot.co.nz
barfoot.co.nz/parnell