Wellington Property Intel
Wellington market report
Week ending 2026-04-05  ·  Hutt Valley weekly market report
Median price
$697,000
Active listings
390
Avg DOM
37.7 days
Price drops
0

The Hutt Valley market shows 390 active listings with a median asking price of $697,000 and average days on market of 37.7 days. Strong open home activity with 325 of 390 listings scheduling viewings indicates active buyer engagement. Ray White agencies dominate with 137 combined listings, while suburb pricing ranges from Moera's $487,500 average to Eastbourne's $1,031,348.

The $697,000 median asking price reflects a diverse market spanning affordable areas like Moera to premium locations like Eastbourne. With only 53 listings using fixed asking prices compared to 106 using enquiry over and 95 using negotiation, vendors are maintaining pricing flexibility rather than aggressive positioning.

The 37.7-day average days on market suggests moderate buyer demand with properties moving at a reasonable pace. Avalon and Normandale properties are selling fastest at 24-26 days, while Taita and Kelson are taking longer at 49-51 days, indicating location-specific buyer preferences.

With 29 new listings this week and zero price reductions detected, supply is flowing steadily without immediate pricing pressure. The absence of mortgagee sales and price cuts suggests vendors are not under distress and maintaining their price expectations.

Ray White's combined 137 listings across two offices represents 35% market share, indicating strong local dominance and established vendor relationships. Professionals operates across two locations with 62 total listings, while Harcourts and Bayleys maintain solid secondary positions with 42 and 30 listings respectively.

Agent takeaways this week
1

Focus prospecting efforts in Avalon and Normandale where properties are selling 13-15 days faster than market average.

2

With 83% of listings scheduling open homes, ensure your listings have compelling open home strategies to compete effectively.

3

Target Wainuiomata for volume opportunities with 71 active listings representing 18% of total market inventory.