West Melton
Nathan Najib | Market Report
Market Commentary
West Melton's housing market has shown signs of stabilisation in 2025, following a steady decline since its peak in 2022. While the journey has been challenging, there are now signs we may be nearing the bottom of the cycle. Interest rates have started easing, now slipping below 5%, offering relief to mortgage holders and improving affordability for buyers.
Despite these improvements, supply continues to outpace demand. More homes are listed than there are active buyers, making a quick rebound in prices unlikely. The broader economy is still stabilising, and buyer sentiment remains cautious.
In West Melton, the last six months have revealed some key shifts. The median selling price has fallen to $1,135,000, representing a 5.8% decrease from the previous period. Sales volume increased slightly, with 38 homes sold compared to 35 in the previous six months. The median days on market has decreased to 59, a 14% decrease, pointing to more demand in the West Melton market than the prior 6 months.
While prices have come down, the pace of decline has slowed, suggesting the market is entering a stabilisation phase. Real growth is unlikely until 2026. In the meantime, falling interest rates are easing pressure on household budgets, especially for those rolling off higher fixed-term mortgages. Some homeowners are now enjoying a little more financial flexibility.
This environment is encouraging activity in the mid-to-high-end market, where buyers are increasingly looking to upgrade or invest rather than leave cash in lower-interest savings. It’s also supporting towns like West Melton, which continue to perform well thanks to their lifestyle appeal.
West Melton’s trajectory remains strong. Prices surged 31.69% in 2021 and another 10.38% in 2022 before a slight correction of 3.37% in 2023. In 2024, the suburb defied national trends with a 6.7% increase, driven by higher-end home sales. This speaks to the towns continued desirability and strong buyer demand for quality homes in premium locations.
Nationally, inflation has dropped from over 7% in 2022 to 2.5% in March 2025 quarter. While that’s good news, essentials like groceries, fuel, and utilities remain expensive. Interest rates have followed suit, now sitting just under 5%, but they’re unlikely to return to ultra-low levels seen in 2021.
Right now, it’s clearly a buyer’s market. Supply is high, interest rates are easing, and buyers have regained some borrowing power. They’re also being highly selective, meaning sellers need to adjust their expectations. Homes that are well-presented and priced right are still selling, but those that miss the mark may sit on the market longer than expected.
Overpriced homes or listings without a price guide risk going stale and selling below their potential. Work with a local agent who knows the West Melton market and can recommend the right sale method for your property.
We expect the market to remain steady through the rest of 2025. While some minor fluctuations may continue, significant drops are unlikely. Supply will remain strong due to ongoing listings and completed builds, keeping prices from rising too quickly. Affordability challenges will persist, but for decisive buyers, there are excellent opportunities, especially in towns like West Melton that have held value and appeal.
Looking ahead, 2026 may signal the beginning of the next growth phase. If interest rates continue to ease and inflation stays low, we may return to moderate price increases of 2–4% per year. Until then, the market offers space for smart, well-timed decisions.
West Melton remains one of Selwyn District’s most desirable areas. With its mix of space, quality homes, and community feel, it continues to attract interest even in a subdued market. I genuinely love West Melton, and if you ever need any property advice, please feel free to get in touch.
Nathan Najib- West Melton Specialist
A little about Nathan Najib
Nathan is proud of the life he has created. Unsurprisingly to those that know him, he is living his desire to change the world of real estate from something it should never have been, to something that supports the community and helps others move forward.
Starting out in the real estate business at 19, by 23 Nathan was recognised as being one of the best in the industry, an up and coming force to be watched and emulated. However, he felt there was something fundamentally wrong with the industry and wanted to make a difference. Not many people are brave enough to say, “enough is enough” and then do something about it, but Nathan did just that. He decided to create and build his own vision.
A breath of fresh air in the industry, Najib Real Estate is founded on simplicity, transparency, and excellence, with three unbreakable rules forming the bedrock of this company:
• Do what is right and avoid what is wrong
• Do everything to the best of your abilities
• Show people you care
Nathan’s vision was to create the most people-centric real estate company on earth. Often real estate is associated with low standards, but Najib Real Estate holds close the philosophy that “The interest of the client always comes first.”
Success at Najib Real Estate means treating people well, building long lasting relationships, and making the process as simple and transparent as possible. We go above and beyond, and provide an excellent experience that keeps clients coming back time and time again, and they are happy to recommend our agency to others they know.
Our promise is to continually strive to build a unique, contemporary, and innovative agency, that takes the best of both traditional methods and the latest innovative technologies and management systems.
West Melton Breakdown in the last 6 months
Residential Sales
$1,192,500
47
Najib Median Selling Price Najib Days on the Market
$1,135,000
West Melton Median Selling Price
59
Melton Median Days on the Market
38 Properties Changed Hands
59 Silver Peaks Drive, West Melton
Sold by Nathan Najib for $1,675,000
A beautifully designed five-bedroom home on 6539m², this Silver Peaks property offered luxury, space, and seamless indoor-outdoor living - perfect for modern family life.
30 Rossington Drive, West Melton
Sold by Nathan Najib for $1,750,000
"We have found Nathan and his team to be most professional, patient and willing to help in all aspects of the sale. We would recommend to anyone to talk to them either selling or buying as the whole team is easy to work with"
Paul Goodwin (Purchaser)
18 Silver Peaks Drive, West Melton
by Nathan Najib for $1,100,000
"We had an exceptional experience with the team at Najib Real Estate during the sale of our property. Nathan implemented a well-structured marketing strategy and executed it flawlessly. As absentee owners, we depended on the team to coordinate home staging, gardeners, and builders, and they did so with great professionalism. I wholeheartedly recommend this team to anyone looking to sell"
Sold
Sandy & Andy (Vendors)
4 Jacqueline Drive, West Melton
Sold by Nathan Najib for $980,000
"Beautifully maintained and perfectly positioned in West Melton’s Preston Downs, this 2013-built home combined thoughtful design with everyday convenience."
7 Faith Place, West Melton
Sold by Nathan Najib for $1,235,000
"Nathan and team did a great job of selling our property. The market was slow so they had to work very hard to bring in good interest. Communication was kept exceptionally clear and ongoing, which was great as we were out of town, so appreciated the regular communication."
Clark & Wendy (Vendors)
130 Silver Peaks Drive, West Melton
Sold by Nathan Najib for $1,285,000
"Nathan delivered as advertised. Had great communication throughout. Took on our requests and worked hard. Thankful that we had his personal touch and we trusted him with our sales approach. Nathan proved it works and great to see"
Vendors
Top 10 Residential Sales in West Melton
Melton
West Melton Number of Houses Sold Monthly
Top 10 Lifestyle Property Sales in West Melton
West Melton House Sales
West Melton Annual Sales Data
Residential House and Section Sales
Start with a strategy, end with a sale.
Faster Sales, Premium Prices.
When you work with Najib, you're not relying on one agent doing their best. You're backed by a team of experts working together with one focus: achieving the best possible result for you.
Time and again, we've shown that great outcomes don't happen in isolation. They happen through strategy, collaboration, and genuine care.
Here's how we deliver more value than the average agency, and why our homes sell faster than the competition*:
• Award-winning area specialists who live and breathe West Melton
• A Personal Sales Concierge who manages every detail of your campaign so your agent can focus on achieving the best possible price
• In-house marketing excellence that brings your home's story to life
• Fast listing process with your home live within 7 days of signing
• A clear, flat commission structure with a full breakdown of what's included
• 5% for Good - we donate 5% of our net commission to a non-profit of your choice, turning your sale into something truly meaningful.
*Based on Najib sales over the past 6 months compared to West Melton's median days on market.
Najib Real Estate Property Management
We manage properties all across Christchurch and Selwyn, providing the highest level of service to our landlords and tenants.
We know that the key to a successful investment is having great tenants who look after the property to a high standard and pay their rent on time.
Our passionate and proactive team focus on achieving optimum results. Najib prides itself on reading the market's ebbs and flows to ensure your property always attracts its maximum rental value, with minimal vacancy times.
With our finely-tuned documentation processes and a sound understanding of legislation front of mind, we leave fewer things for you to worry about. This brings you one step closer to securing a profitable future with a steady investment return.
If you would like to find out more about property management with Najib, please take a moment to touch base.
Get 3 Months Free Management: bit.ly/Najib-Property-Management
Najib Real Estate West Melton Sales Team
Nathan Najib West Melton Specialist
m 027 514 0775
@ nathan@najibre.co.nz
George Simpson Sales Concierge Lead
m 021 593 882
@ georgesimpson@najibre.co.nz
Matthew Beaumont Head of Marketing
m 03 326 7914
@ hello@najibre.co.nz
Nashi Dasgupta Marketing Coordinator
m 03 326 7914 @ hello@najibre.co.nz
Santiago Laudadio Photo & Video Specialist
m 03 326 7914
@ hello@najibre.co.nz
At Najib, our agents know the importance of specialising in an area when it comes to selling real estate. Nathan Najib has been specialising in West Melton for the past 8 years, and in 2023, 2024 and 2025 we were recognised as West Melton Agency of the Year.
This is a huge privilege for us as we know that these awards celebrate the top-performing agencies, with reviews provided solely from the consumers.
We would love to thank all our clients and customers for being a part of Najib Real Estate, and for the wonderful reviews you have provided.
Real Talk Nathan Najib
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Specialising in West Melton
m 027 514 0775
@ nathan@najibre.co.nz
116 Peterborough Street
Christchurch Central 8013
najibrealestate.co.nz
Nathan Najib