Barfoot & Thompson | Remuera by barfootsuburbsales

Welcome to our SOLD Remuera Market Report magazine

for July/August 2025

Our magazine contains the latest available information regarding property sales in Remuera, 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.

Yours sincerely.

Carolyn Vernon and the Remuera team

Latest News

Auckland house prices hold firm through busy July

The start of winter has failed to chill Auckland’s property market, with July sales volumes up just over 9 percent on June’s figures and new listings up more than 14 percent month-on-month.

“This July we sold 957 properties across the Auckland region, which is the highest July sales total for four years. In fact, if you were to ignore the July sales figures for 2020 and 2021, which were unusually high due to falling between Covid lockdowns, this has been our strongest July for almost a decade,” says Peter Thompson, Managing Director of Barfoot & Thompson.

“The average sale price for the month of July was $1,100,355. This is around 2.5 percent lower than June’s average sale price, but broadly in line with the average for the first half of the year, which has remained consistent throughout.

“The median sales price for July was $950,000, 3.2 percent lower

than June’s median price and 2 percent lower than July 2024, but just ahead of the average for the previous three months.

“More than 46 percent of sales in July were transacted for over $1 million, making this our strongest July for seven-figure sales since 2021. Activity at the upper end of the market remained strong as we sold 51 properties over $2 million and 16 over $3 million – also our highest volume since 2021.

“Overall, the number of listings on the market has remained relatively consistent since February. With 1,605 new listings placed in July, the total number of homes on the market with Barfoot & Thompson salespeople as of the end of the month was 6,074. While this is below the listings high in March of 6,268, it is nevertheless the most homes we have had on the market in the month of July for more than 10 years.

“Outside of the city, there remains significant interest in the rural and lifestyle markets, with 33 sales accounting for a total sales value of just under $57 million. As was the case with June’s figures, this was the highest total sales value for a July for three years.

“From the city to the suburbs to the countryside, the market continues to offer lots of opportunity for vendors and purchasers with realistic price expectations.”

Peter Thompson Managing Director

Market Share and Figures

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 August 2024 to 31st July 2025, we sold 41% of all properties for sale in the area* – that’s over 1625 sales made by Barfoot & Thompson!

And in the month of July 2025, we sold 42% - also well over a third of the properties for sale in the area*!

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 Central Auckland East Suburbs and Eastern Suburbs. 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 information from

sales. Where sales information was not publicly available, an

baselined on the 13th of each month for the available

of the information. Barfoot and Thompson Limited (REA2008)

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 Remuera and surrounding areas made by all selling agencies during July 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.

21A Abbotts Way

$1,147,548

3/18 Armadale Road

$1,207,500 $1,050,000

5/48 Arney Road

$4,250,000

24 Belmont Terrace

$2,100,000

19 Clonbern Road

$3,525,000

6A Debron Avenue

$1,988,000

1B/5 Furneaux Way

$996,000

38 Hapua Street

$2,540,000

28 John Stokes Terrace

$1,560,000

54 Lucerne Road

Size Sale price 853

$4,400,000 $4,575,000 CV

2/9 Monteith Crescent

$1,050,000 $1,350,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 147

Lot 6/57 Ngapuhi Road

Size Sale price 411

$710,000 n/a CV

21 Ohinerau Street

n/a

$2,181,000 $2,250,000 CV

156C Orakei Road

$2,307,000

94 Orakei Road

$3,888,000 $4,675,000 CV Land Size Sale price 1120

n/a

4 Floor size 346

119B Portland Road

$1,562,500 $1,400,000 CV Land Size Sale price Crosslease

73B Portland Road

$2,360,000 $3,100,000 CV

n/a

4 Pukeora Avenue

$4,015,000 $2,825,000 CV

n/a

12 Raumati Road

$3,150,000

118 Remuera Road

$4,120,000 $4,500,000

619 Remuera Road

$1,905,000

9/729 Remuera Road

$995,000

1/34 Richard Farrell Avenue

$636,781

2/34 Richard Farrell Avenue

$675,142

3/34 Richard Farrell Avenue

$621,437

4/34 Richard Farrell Avenue

$621,437

11/37 Saint Vincent Avenue

$1,419,000

2/35 Sonia Avenue

$2,880,000 $3,075,000 CV Land Size Sale price 433 Bedrooms 4 Floor size 296

18 Te Hakari Lane

$1,880,000 $2,400,000 CV Land Size Sale price 232 Bedrooms 4 Floor size 180

178 Upland Road

$2,200,000 $1,875,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 163

34A Upland Road

$2,200,000 $2,325,000 CV Land Size Sale price Crosslease Bedrooms 4 Floor size 393

6/19 Victoria Avenue

$4,200,000 $3,625,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 177

104/1A Wairua Road

$1,900,000 $1,950,000 CV Land Size Sale price Unit Title Bedrooms 2 Floor size 116

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.

Meadowbank

14 Bonnie Brae Road

$1,845,000 $2,100,000 CV Land Size Sale price 695 Bedrooms 4 Floor size 182

4 Keretene Place

$1,900,000 $1,875,000 CV Land Size Sale price 716 Bedrooms 4 Floor size 219

1 Rutherford Terrace

$1,255,000 $1,325,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 139

10B Rutherford Terrace

$2,000,000 $2,125,000 CV Land Size Sale price 403 Bedrooms 4 Floor size 251

31 Rutherford Terrace

$1,600,000 $1,775,000 CV Land Size Sale price 180 Bedrooms 4 Floor size 166

31A Rutherford Terrace

$1,470,000 $1,650,000 CV Land Size Sale price 180 Bedrooms 4 Floor size 154

Greenlane

Lot 3/8 Cadman Avenue

$1,839,000

213 Campbell Road

$1,600,000

Lot 3/243 Campbell Road

$1,041,000

22E Garland Road

$1,165,000

4/125 Great South Road

$810,000

201I Great South Road

$1,330,000

177 Green Lane West

$2,458,000

10 Kawau Road

$1,340,000

41B Konini Road

$1,425,000

40A Waiohua Road

$1,480,000 $1,625,000 CV

Land Size Sale price Crosslease Bedrooms 3 Floor size 175

70 Wheturangi Road

$1,750,000 $1,850,000 CV Land Size Sale price Crosslease Bedrooms 5 Floor size 231

1,2&3/75 Wheturangi Road

$3,808,000 $3,020,000 CV

Land Size Sale price 1156 Bedrooms 5 Floor size 204

2/13A Amy Street

$1,050,000

6 Arron Street

$1,650,000

13A

Ballarat Street

$1,085,000

Ballarat Street

$1,200,000

9 Canterbury Park Lane

$550,000

1/94 Celtic Crescent

$1,250,000

12A Derby Downs

Place

$1,350,000

30A Eaglehurst Road

$1,064,000

11A

Laud Avenue

$1,030,000

124C Marua Road

$1,163,500 $1,350,000 CV Land Size Sale price Crosslease Bedrooms 4 Floor size 185

1007/20 Park Avenue

$324,000 $400,000 CV Land Size Sale price Unit Title Bedrooms 1 Floor size 30

1/35 Peek Street

$768,000 $780,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 88

1C Whites Way

$1,680,000 $1,775,000 CV Land Size Sale price 272 Bedrooms 4 Floor size 187

Meet the Team

Successful selling relies on unparalleled market knowledge, superior negotiating skills and a lot of hard work. We are focused, professional real estate experts with years of experience in every kind of market.

Carolyn Vernon

Manager 027 577 7000

Sales Manager

Our marketing and negotiating skills are well proven with our focus being on providing valuable, insightful, knowledgeable and respectful real estate services to you. Your needs are what drives us—we understand the one size doesn’t fit all, which is why we deliver a bespoke service that’s as unique as you and your home. As we value the same things as you do, you can be assured we’ve got all the right measures in place to ensure your privacy and security.

Property Management

Customer Service

Hannah

Residential Sales team

Plowman 027 333 7341

Wang 021 280 2828

Gill MacDonald 021 983 634

Kathy Bower 021 928 648

Paul Studman 021 998 563

Stanley Armon 021 723 177

Alex Baker 0274 579 805

Jiang 021 777 273

Zhang 021 668 685

Kevin He 021 022 98230

Rawdon Christie 027 459 2951

Steve Hood 021 911 606

Ling 021 100 0202

MacDonald 021 650 901

Doole 021 666 938

Leila MacDonald 021 928 926

Herceg 021 066 9852

Su 021 166 6011

Alivio-Vernon 021 103 1711

Wang 022 351 1588

021 971 500

Church 021 988 272

Hu 021 295 7593

Ryan 027 522 0773

021 799 012

0274 914 666

Li 022 102 1189

Lai 022 010 5678

213 3335

954 573

022 627 5082

Amos

Barbara Armon

Arianne

Rose

Rita

Safiya Bharuchi

Sabrina

Bo Qiu 021

Cici

Cindy

David

Dennis M Dunford

Dermot Kelly 021

Judith Barr

Julia Nah 021 281 6899

Julie Fitzpatrick 021 530 290

Maree

Sue

Verena

Oscar Zhao 022 580 8866

James

Halle

Alastair

Nicole

Barfoot & Thompson

417 Remuera Road, Remuera, Auckland 1050

Residential Sales 09 524 0149

Property Management 09 524 1654

Email remuera@barfoot.co.nz

barfoot.co.nz/remuera