March has rounded out a strong first quarter for 2026, exceeding last month’s exceptional sales volume and breaking through the half-century barrier, with 53 residential house sales recorded for the month. In total, there were over 100 sales when taking into account sections, lifestyle properties, and apartments.
The median house price for the month eased slightly to $1,525,000, reflecting a higher proportion of entry-level sales. There were, however, four sales over the $4 million mark, two of which had been on the market for around a year, reinforcing the momentum now emerging in the upper end of the market.
Section sales were particularly strong, with 39 transactions, largely driven by new titles issued at Pembroke Heights, located beside Northlake. Five apartment sales — the majority within the Riverside Residences in Albert Town — highlight continued turnover in this more affordable segment of the Wanaka market.
If you have any questions regarding this sales data, or would like to better understand where your property sits in today’s market, please don’t hesitate to get in touch. We would be happy to help.
The Ray White Wānaka June 2026 property report reveals a winter cooling in residential house sales volumes, which dropped 13% year-on-year. However, the market was heavily bolstered by a massive wave of 40 section transactions, while the median house price held steady at $1,575,000. Wānaka Market Metric June 2026 Result Residential House Sales 34 Median … […]
Wānaka property continues to stand strong, defying the North Island slowdown with 41 house sales in May matching last year’s volumes and the median price climbing 7% to $1,550,000. Local market insight from our recent Info Collective event also revealed that domestic buyers overwhelmingly drive our high-end market, accounting for 22 out of 24 residential … […]