What's happening in real estate
What's happening in real estate

April with Charlie on the Coast: Buyers are Active

Property Brokers  Tuesday, May 12th
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April with Charlie on the Coast: Buyers Are Active — But More Selective

 

The Kapiti Coast market is still moving, but buyers are taking their time.
 
April brought a noticeable shift toward more measured decision-making across the Coast. Properties are still selling, quality homes are still attracting attention, and well-priced listings continue to move, but buyers are becoming more selective, especially when there’s plenty of choice available.
 
That lines up with what we’re seeing nationally too. REINZ reported New Zealand’s housing market remained steady through March despite ongoing economic uncertainty and rising fuel costs, with buyers active but more cautious overall.
 
Locally, Kapiti continues to sit in that balanced middle ground. It’s not the heated pace we saw a few years ago, but it’s also far from a stagnant market.
What the Numbers Are Telling Us
 
According to the latest Wellington regional REINZ data, the Kapiti Coast median price sat at $783,000, down 4.5% year-on-year and 9% compared to February. Sales volumes were also softer than this time last year, with 97 sales recorded across the district.
 
At the same time, Trade Me data showed:
  • Search activity remained relatively strong at 264,000 searches
  • New listings were slightly down year-on-year
  • Median days on site lifted to 59 days
  • The Kapiti Coast property price index sat around $855,000
That combination tells an important story.
 
Buyers are still watching the market closely, but they’re not rushing. They’re comparing options, negotiating harder, and taking longer to commit.
 
For sellers, presentation and pricing strategy matter more than ever.
 
The Coast Is Still Performing Differently By Area.
 
One of the interesting things in this month’s sales data is how varied activity has been between suburbs.
 
Paraparaumu Beach
 
Paraparaumu Beach continues to hold some of the strongest pricing on the Coast, particularly for modern family homes and properties close to the beach or golf course.
 
Recent sales included:
  • $1.465m on Kotuku Drive
  • $1.23m on The Drive
  • $1.26m on Callender Terrace
  • Multiple sales in the high $800,000s to low $1m range
What’s standing out is that premium homes are still selling — but buyers are expecting quality and value. Homes that feel overpriced are sitting longer.
 
Raumati & Raumati South
 
Raumati continues to attract strong interest, especially from Wellington buyers looking for lifestyle and coastal living.
Several standout sales pushed well above the million-dollar mark, including:
  • $2.139m on The Esplanade
  • $1.515m on Rosetta Road
  • $1.265m on Beckett Lane
But there’s also evidence buyers are cautious around homes needing significant work or where expectations haven’t aligned with the market.
 
Waikanae
 
Waikanae remains steady, with good activity across both family homes and downsizer-friendly properties.
 
Sales ranged from: 
  • Mid-$600,000s for smaller homes and townhouses
  • Through to $1.4m-plus for premium properties
Lifestyle demand around Waikanae and Te Horo also remains active, although buyers in that space are taking longer to make decisions than they were 12 months ago.
 
Ōtaki
 
Ōtaki continues to offer some of the best value on the Coast.
 
There’s a wide spread of pricing depending on property type, from entry-level homes around the mid-$400,000s through to lifestyle and larger family properties above $1m.
 
For buyers priced out of other parts of Kapiti, Ōtaki is still attracting attention, especially from first-home buyers and families wanting more land.
 
What Buyers Are Doing Right Now
 
The biggest change I’m noticing isn’t a lack of buyers.
 
It’s buyer behaviour.
 
People are:
  • Taking longer to decide
  • Doing more due diligence
  • Comparing properties more carefully
  • Negotiating with confidence
  • Prioritising quality over urgency
That’s creating a market where preparation matters.
 
The homes getting the strongest results are usually the ones that:
  • Present well
  • Have realistic pricing
  • Offer clear value compared to competing listings
  • Require minimal immediate work
What This Means for Sellers
 
If you’re considering selling this year, the market is still giving good opportunities, but strategy matters more than it did during the peak years.
Buyers are active, but they’re selective.
 
That means:
  • Pricing too high can quickly reduce momentum
  • Presentation matters
  • Marketing quality matters
  • Timing and negotiation experience matter
The good news is that well-positioned properties are still achieving strong results across Kapiti.
 
Looking Ahead
 
There’s still a reasonable level of confidence across the Coast, but global uncertainty, fuel prices, and wider economic pressures are clearly influencing decision-making.
 
For now, Kapiti feels balanced.
 
Not booming.

Not crashing.

Just a market where informed buyers and realistic sellers are finding common ground.
 
And honestly, that’s often where the healthiest property markets sit.
 

If you’d like an updated appraisal, want to understand what buyers are looking for in your area, or are simply trying to make sense of the current market, feel free to get in touch.
 
Charlie Goodyer
Property Brokers Kapiti Coast
 
Sources: REINZ March 2026 Property Report and Kapiti Coast sales/export data April 2026 alongside Trade Me Market Insights April 2026

 

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Charlie Goodyer
M  022 084 3071P  04 974 5074
E  charlie.goodyer@pb.co.nz

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