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Wellington housing market

The median home in Wellington sold for $686,000 in September 2026, down 0.6% from $690,000 15 months earlier. On the measures below the market leans toward buyers.

What is your Wellington home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

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Where Wellington stands right now

Median sale price

$686,000

September 2026

Homes for sale

415

as of today

Months of supply

5.7

inventory ÷ recent sales

Median days on market

38 days

September 2026

October 2026 is still in progress, so its 22 closed sales so far are not comparable to a full month and are left out of the trends below.

Are buyers or sellers in control in Wellington?

On the last full month of data, Wellington leans toward buyers.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

  • ·5.7 months of supply, in the balanced range
  • ·only 2.78% of sales closed above asking
  • ·52.78% of sellers cut their price before closing

Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

Wellington market trends, month by month

Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

Median sale price

$690,000 in Jul 2025 to $686,000 in Sep 2026, down 0.6% over 15 months. Trending in buyers' favour.

Median sale price by month
MonthMedian sale price
Jul 2025$690,000
Aug 2025$632,500
Sep 2025$720,000
Oct 2025$647,000
Nov 2025$635,500
Dec 2025$699,950
Jan 2026$660,000
Feb 2026$672,500
Mar 2026$665,245
Apr 2026$702,500
May 2026$721,000
Jun 2026$645,000
Jul 2026$755,000
Aug 2026$605,000
Sep 2026$686,000

Median days on market

55 days in Jul 2025 to 38 days in Sep 2026, down 30.9% over 15 months. Trending in sellers' favour.

Median days on market by month
MonthMedian days on market
Jul 202555 days
Aug 202552 days
Sep 202559 days
Oct 202540 days
Nov 202540 days
Dec 202546 days
Jan 202693 days
Feb 202640 days
Mar 202625 days
Apr 202626 days
May 202638 days
Jun 202631 days
Jul 202631 days
Aug 202642 days
Sep 202638 days

Share of sales closing above asking

1.3% in Jul 2025 to 2.8% in Sep 2026, up 109% over 15 months. Trending in sellers' favour.

Share of sales closing above asking by month
MonthShare of sales closing above asking
Jul 20251.3%
Aug 202514.9%
Sep 20259.1%
Oct 20256.8%
Nov 20255.2%
Dec 20254.8%
Jan 20264.3%
Feb 20266.7%
Mar 20269.8%
Apr 20262.4%
May 20266.7%
Jun 20266.2%
Jul 20267.9%
Aug 20265.1%
Sep 20262.8%

Share of sellers who cut their price

56.0% in Jul 2025 to 52.8% in Sep 2026, down 5.7% over 15 months. Trending in sellers' favour.

Share of sellers who cut their price by month
MonthShare of sellers who cut their price
Jul 202556.0%
Aug 202554.0%
Sep 202554.5%
Oct 202539.0%
Nov 202543.1%
Dec 202547.6%
Jan 202663.8%
Feb 202640.0%
Mar 202632.9%
Apr 202635.4%
May 202644.4%
Jun 202645.4%
Jul 202634.8%
Aug 202649.1%
Sep 202652.8%

Homes sold

75 in Jul 2025 to 72 in Sep 2026, down 4% over 15 months.

Homes sold by month
MonthHomes sold
Jul 202575
Aug 202574
Sep 202577
Oct 202559
Nov 202558
Dec 202584
Jan 202647
Feb 202660
Mar 202682
Apr 202682
May 202690
Jun 202697
Jul 202689
Aug 202659
Sep 202672

Buying in Wellington?

The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

Compare Wellington with nearby markets

Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

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