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Real Property Kerikeri

A team you know, experience you trust.

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A business built on genuine care

Founded in 2004, REAL Property Kerikeri has gained a reputation for outstanding results over the last 20 years. As market leaders in the area, the key to our success is a combination of genuine care, professional integrity, in-depth local knowledge and a highly personalised approach that delivers the best outcomes for clients.

You can be sure that the care for our clients is always at the centre of everything we do, because real estate is about people as much as places. Whether you’re looking to buy or sell property in the Kerikeri area, you’ll notice the ‘Real’ difference immediately. Each client benefits from the expertise and contacts of our entire team of specialised local agents, working together to achieve the best result. It’s more than our job, it’s our passion, and we take pride in delivering exceptional service that goes above and beyond.

Meet your Team

As the trusted advisors for hundreds of repeat customers over the years, we have built a community based on long-lasting relationships. Talk to our friendly, professional team for no-obligation advice about your property interests today.

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    What Our Customers Say

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Top-notch Real Estate Agent

We cannot recommend Sharon highly enough! Her deep knowledge of Kerikeri and its property market made our home-buying journey seamless and stress-free. From the very beginning, Sharon took a personal approach that truly set her apart. She took the time to get to know our family, including our kids, and made us feel like more than just clients. Sharon’s thoughtfulness and dedication were evident throughout the process. It was clear that for her, it wasn’t just about making a sale—it was about finding the perfect home for us. She went above and beyond at every turn, providing invaluable insights and support. We genuinely valued her experience and opinions. Sharon’s commitment made the entire experience positive and enjoyable. Should we ever decide to sell in the future, there’s no doubt that Sharon would be the first person we’d turn to. She stands out in this region for her exceptional service and dedication. We are eternally grateful for her support and highly recommend her to anyone looking for a top-notch real estate agent. Thank you, Sharon, for everything!

An absolutely brilliant all-round service

We highly recommend Steve and the Team at Real. Our Beach House in Russell was marketed via Tender process and was sold prior after four weeks on the Market. The whole sales process for us was made easy by the effort and advice that Steve put into developing an effective well thought out marketing plan and property staging. This resulted in an excellent flow of well qualified potential buyers. Once sold Steve and Team continued to support us in getting the property ready for the new owners. An absolutely brilliant all-round service. Highly recommended! Thankyou Steve & Team!

Communicated regularly, keeping us informed of visits and showings and guided us along the way.

Steve sold our lifestyle property for us in October of 2024. This during a period throughout NZ, when property sales were off their historic highs and interest rates rising from their correspondingly low rates. Properties moving in the Bay of Islands area had also dropped away somewhat. Steve however, was enthusiastic and positive that he'd find a buyer for us. My wife and I sold a property back in the early 2000's through REAL and we also knew him personally, so we took a lot of faith in his expectations. During the sales process he remained convinced we were on the right track, and had helped us set a realistic price for our land and home. He held open homes, and toured prospective buyers on personalised viewings. His confidence rubbed off on us, and we stuck by him despite setbacks with purchasers cancelling contracts on unmet conditions. He communicated regularly, keeping us informed of visits and showings and guided us along the way. This was really helpful as we live out of the district. When Steve himself was otherwise engaged another member of his team stepped up to the mark, and were just as effective with their actions and communications. Eventually the REAL team found the right person for our property and the deal was done. Steve's announcement of an agreed conditional contract to us, and then his joyful call to say the purchaser had approved the conditions to their satisfaction was the icing on the cake. His excitement came through the phone at us loud and clear, it was as if he'd sold his own property. Thanks Steve and to your Team, we're extremely pleased and satisfied.

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Finding a new home in Kerikeri

Jenny found the Real Kerikeri Team a delight to work with when looking for a new home from outside of town.

Latest News

Stay up to date with our latest market updates and property news

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On The Up And Up...

Spring is here in more ways than one. The daffodils are blooming and there are signs that the Kerikeri property market is starting to warm up after a chilly, wintry couple of years. We are seeing an increase in enquiry and, in particular, buyers looking to move here from other places. While the enquiry is still spotty and low compared with boom years there is a positive turn in the wind. The effect of the OCR drops and banks offering lower fixed term rates is making it easier for people to borrow the money they need to buy. Other parts of the country are reporting increases in sales activity. The Brynderwyn’s are open and there are positive announcements about the new coalition government’s plans to extend the state highway North. We have yet to see this increase the volume of sales in our small town but higher activity in our feeder markets and particularly Auckland, has historically resulted in increased sales over time. As they say, “Auckland sneezes and we catch a cold”. The volume of sales around Kerikeri through August 31st 2024 is ahead of 2023 by around 6%. The main difference this year is the significant increase in the proportion of sales under $1 million compared to the last 2 years. Signalling a possible shift, 11 of the 15 houses sold in August were $1 million plus. We will be monitoring this trend over coming months. Inventory levels are still high but have stabilized with around 79 weeks of properties available at current sales rates compared to 71 in July and 85 in May. Median prices are down about 15 to 20% from their peak levels of September 2022 but price declines appear to be flattening out. About 95% of the August sales are under the 2022 GV compared to 50% at the beginning of the year. Kerikeri’s median sales price is still historically high relative to other larger metropolitan centres which saw price corrections occur 9 months earlier than we did. This makes it difficult for people to sell their homes in some other places, move here and release equity from their homes to retire or have a lower income lifestyle change. On the other hand, it has rarely been less expensive to sell here and move to the city. However, the price gap is already widening and is likely to widen further as metro markets pick up pace ahead of our own. Just as our peaks lag the peaks in the city, our troughs lag also. Having the right sales strategy for these market conditions is essential. Top notch presentation and realistic, competitive price expectations are critical for achieving sales. Expertise on competitive pricing strategies, marketing the differences and benefits of your home and positioning it in this competitive environment are all essential to make it stand out. Ensuring all advertising media and platforms are utilized to reach the widest audience of buyers is a must. Our unique sales system has successfully attracted “multiple offers” on those properties that are positioned attractively and well-presented which has produced above average results for vendors. When selling your biggest asset isn’t it important to hire the best professional team to get the job done? Navigating the complex environment of selling your home is no longer a job for just any salesperson. You need the experience of a team of expert advisors to obtain the best results. Having experienced several market cycles in Kerikeri, our established and stable team with a combined 100 plus years of servicing the Kerikeri community is properly and uniquely suited to provide the advice you need to achieve your real estate goals. We have sold more property in Kerikeri than any other agency consistently for 20 years and achieved better prices. Come and talk to us about how we can help. Our advice is free and so is our coffee....

Winds Of Change

Some of the forces that have created headwinds for our property market are starting to turn. Interest rates seem to have peaked, and banks are announcing lower fixed term rates. This, because of inflation levels stabilizing back to levels around 3.3% and most economists expecting the OCR to start to be reduced towards the end of this year. Secondly, we are hearing reports from agents in Auckland, our main feeder market, that the wheels are starting to turn once again. I suspect a little more time needs to pass before we see this activity result in sales in our local market. The Brynderwyn’s are open again despite a wee hick-up a couple of weeks ago, also the new coalition government is determined to address the barriers to lowering the cost of housing. The volume of sales around Kerikeri for the first 6 months of 2024 finished almost level with 2023 and about 26% lower than 2022. The main difference is the significant increase in the proportion of sales under $1million compared to the last 2 years. About 80% of the recent sales are under the 2022 GV compared to 50% at the beginning of the year. Higher numbers of local buyers are taking advantage of lower prices and less competition from buyers moving from out of town. The trend is still for more people looking to scale down than buy up. Median prices are down about 15 to 20% from their peak levels of September 2022 but price declines appear to be slowing down. Vendors are adjusting their prices to the new market levels or are withdrawing their properties in hope of better prices in the future. This may be a long haul for some if history repeats given it took 8 years for prices to recover to peak levels in the last cycle. Most economists are expecting a U-shaped recovery versus a V-shaped recovery, and we tend to agree. Our median sales price is still historically high relative to other larger metropolitan centres which saw price corrections occur 9 months earlier. This is good news for those looking to move closer to the city as it is still a favourable time to trade out. However, the price gap is already widening and is likely to widen further as metro markets pick up pace ahead of our own. Just as our peaks lag the peaks in the city, our troughs lag also. As mentioned previously, people looking to relocate here are cautiously doing their homework and are selective in their buying decisions. Competitive pricing remains of critical importance in this market where there is a wider array of choices for buyers. Accurate and fact-based appraisals are essential. If you are sucked into expecting too high a price by an inexperienced agent in this market, then the cost to you can be tens of thousands of dollars by the time you finally sell at a price the market is prepared to pay. Pricing above market is a losing strategy in a downward market and it is a must to seek out honest, experienced agents who have lived through the ups and downs of property cycles before. Inventory levels seem to have peaked with around 74 weeks of properties available at current sales rates compared to 85 weeks 2 months ago. Inventory levels are much lower in the under $1million price bracket. We are seeing occasional “multiple offers” on those properties that are competitively priced and well presented. Bare land is still of little interest to buyers. As existing house and land prices are well below replacement value it is challenging to see how the new build market will pick up until either land becomes much cheaper, construction costs get lower or existing house prices rise. We are not expecting these factors to change much this year. With some banks reducing interest rates, it is still an opportune time for first home buyers to get in before other buyers return and we have seen a few more attending open homes in recent weeks. Investors are also seizing the chance to selectively buy while prices are low and as more stock becomes available as existing investors “cap out” of their portfolios now the 2-year Brightline period is back in place. There is never a dull moment in real estate. People always have a reason to move and we are always here to help with "The Team You Know and the Experience You Trust." Pop in for a coffee and a chat about market conditions and opportunities to achieve your property goals with any of our team at your leisure....

May Residential/Lifestyle Market Report

April marked another great sales month for our team with 9 unconditional sales bringing our total number of residential sales in Kerikeri to 26 for the year. This emphasizes our view that well-presented and well-marketed properties will sell no matter the market conditions. Timelines to sell may be a little longer than a few years ago but buyers and sellers are adjusting to the current market dynamics. The bottom line is there are always plenty of reasons for people to want to move. While median prices are down from their peak of 2022 they are still tracking above the trend-line for property appreciation which typically doubles every 10 years in New Zealand. In many cases sales are providing better returns on investment than other parts of the country. While this is good news for property owners it can tend to dampen the appetite of those buyers who have sold at large discounts in other part of the country. Those that are moving here and buying are cautiously doing their homework and are selective in their buying decisions. Competitive pricing remains of critical importance in this market where there is a wider array of choices for buyers. Around 65% of house sales this year have sold for under $1 million up from around 58% last year and 46% in 2022. Inventory levels are high with 85 weeks of properties available at current sales volumes but are at much lower levels in the under $1millon bracket. Consequently, the higher price brackets have compressed back on the lower brackets, a bit like an accordion, which is the reverse effect we saw in 2020 to 2022 when the market was stronger for vendors. Bare land sales are still slow for the third year in a row and consequently building consents are significantly down as people favour purchasing existing homes over building new homes. All of this is creating opportunities for first home buyers to get on the ladder and for those in a position to “buy up” to do so with capital input and less competition than it may have taken a few years back. Even with higher interest rates, those who can make the change now stand a greater chance of acquiring the bigger property or higher quality home and increasing their equity position in the long term as prices rebound and interest rates lessen. Pop in for a coffee and a chat about market conditions and opportunities to achieve your property goals with any of our team at your leisure. We hope to hear from you soon....

Best Time To Buy

More houses for sale, the prospect of lower interest rates, and the likelihood of improved capital gain make this the optimal time to buy a home in Kerikeri. The Kerikeri market is experiencing a unique moment in time right now. Prices have settled into their new normal, lots of new stock is coming to the market and increased buyer activity is resulting in multi-offers. Some economists are suggesting that interest rates will start to decrease sooner than expected and predicting house prices to increase over the course of 2024. I have a view that the Reserve Bank has over-crunched the economy and will play catch-up policy easing from late this year. So, if I were borrowing at the moment, I would probably take a mix of 6 and 12 month rates. “Tony Alexander Economist. For buyers, this means that for the first time in years it will likely get easier to service a new mortgage over time rather than harder. This combined with expected capital gains, means now is a great time to buy. More stock means more competition for vendors. Presentation and pricing are more important now than ever. The ones that do, are likely to see a successful marketing campaign with possible multiple offers that will result in the best possible price in the current market. We expect the current market conditions to remain steady while the economy is correcting itself. First home buyers are back and this is a welcoming sign for a healthy property market. There is always a reason why someone wants to either move up or downsize. In a steady market you will find that the gap between what you are buying and what you are selling isn’t as huge. It doesn’t matter where you are, good houses always seem to find buyers, no matter what’s happening in the market. Right now is a sweet spot for buying. If you want to find out more about how our unique, high-performance system can help you achieve your property goals please give us a call or pop into our office anytime. We would be glad to show you around and make you a coffee while you are here....

On The Up And Up...

Spring is here in more ways than one. The daffodils are blooming and there are signs that the Kerikeri property market is starting to warm up after a chilly, wintry couple of years. We are seeing an increase in enquiry and, in particular, buyers looking to move here from other places. While the enquiry is still spotty and low compared with boom years there is a positive turn in the wind. The effect of the OCR drops and banks offering lower fixed term rates is making it easier for people to borrow the money they need to buy. Other parts of the country are reporting increases in sales activity. The Brynderwyn’s are open and there are positive announcements about the new coalition government’s plans to extend the state highway North. We have yet to see this increase the volume of sales in our small town but higher activity in our feeder markets and particularly Auckland, has historically resulted in increased sales over time. As they say, “Auckland sneezes and we catch a cold”. The volume of sales around Kerikeri through August 31st 2024 is ahead of 2023 by around 6%. The main difference this year is the significant increase in the proportion of sales under $1 million compared to the last 2 years. Signalling a possible shift, 11 of the 15 houses sold in August were $1 million plus. We will be monitoring this trend over coming months. Inventory levels are still high but have stabilized with around 79 weeks of properties available at current sales rates compared to 71 in July and 85 in May. Median prices are down about 15 to 20% from their peak levels of September 2022 but price declines appear to be flattening out. About 95% of the August sales are under the 2022 GV compared to 50% at the beginning of the year. Kerikeri’s median sales price is still historically high relative to other larger metropolitan centres which saw price corrections occur 9 months earlier than we did. This makes it difficult for people to sell their homes in some other places, move here and release equity from their homes to retire or have a lower income lifestyle change. On the other hand, it has rarely been less expensive to sell here and move to the city. However, the price gap is already widening and is likely to widen further as metro markets pick up pace ahead of our own. Just as our peaks lag the peaks in the city, our troughs lag also. Having the right sales strategy for these market conditions is essential. Top notch presentation and realistic, competitive price expectations are critical for achieving sales. Expertise on competitive pricing strategies, marketing the differences and benefits of your home and positioning it in this competitive environment are all essential to make it stand out. Ensuring all advertising media and platforms are utilized to reach the widest audience of buyers is a must. Our unique sales system has successfully attracted “multiple offers” on those properties that are positioned attractively and well-presented which has produced above average results for vendors. When selling your biggest asset isn’t it important to hire the best professional team to get the job done? Navigating the complex environment of selling your home is no longer a job for just any salesperson. You need the experience of a team of expert advisors to obtain the best results. Having experienced several market cycles in Kerikeri, our established and stable team with a combined 100 plus years of servicing the Kerikeri community is properly and uniquely suited to provide the advice you need to achieve your real estate goals. We have sold more property in Kerikeri than any other agency consistently for 20 years and achieved better prices. Come and talk to us about how we can help. Our advice is free and so is our coffee....

Winds Of Change

Some of the forces that have created headwinds for our property market are starting to turn. Interest rates seem to have peaked, and banks are announcing lower fixed term rates. This, because of inflation levels stabilizing back to levels around 3.3% and most economists expecting the OCR to start to be reduced towards the end of this year. Secondly, we are hearing reports from agents in Auckland, our main feeder market, that the wheels are starting to turn once again. I suspect a little more time needs to pass before we see this activity result in sales in our local market. The Brynderwyn’s are open again despite a wee hick-up a couple of weeks ago, also the new coalition government is determined to address the barriers to lowering the cost of housing. The volume of sales around Kerikeri for the first 6 months of 2024 finished almost level with 2023 and about 26% lower than 2022. The main difference is the significant increase in the proportion of sales under $1million compared to the last 2 years. About 80% of the recent sales are under the 2022 GV compared to 50% at the beginning of the year. Higher numbers of local buyers are taking advantage of lower prices and less competition from buyers moving from out of town. The trend is still for more people looking to scale down than buy up. Median prices are down about 15 to 20% from their peak levels of September 2022 but price declines appear to be slowing down. Vendors are adjusting their prices to the new market levels or are withdrawing their properties in hope of better prices in the future. This may be a long haul for some if history repeats given it took 8 years for prices to recover to peak levels in the last cycle. Most economists are expecting a U-shaped recovery versus a V-shaped recovery, and we tend to agree. Our median sales price is still historically high relative to other larger metropolitan centres which saw price corrections occur 9 months earlier. This is good news for those looking to move closer to the city as it is still a favourable time to trade out. However, the price gap is already widening and is likely to widen further as metro markets pick up pace ahead of our own. Just as our peaks lag the peaks in the city, our troughs lag also. As mentioned previously, people looking to relocate here are cautiously doing their homework and are selective in their buying decisions. Competitive pricing remains of critical importance in this market where there is a wider array of choices for buyers. Accurate and fact-based appraisals are essential. If you are sucked into expecting too high a price by an inexperienced agent in this market, then the cost to you can be tens of thousands of dollars by the time you finally sell at a price the market is prepared to pay. Pricing above market is a losing strategy in a downward market and it is a must to seek out honest, experienced agents who have lived through the ups and downs of property cycles before. Inventory levels seem to have peaked with around 74 weeks of properties available at current sales rates compared to 85 weeks 2 months ago. Inventory levels are much lower in the under $1million price bracket. We are seeing occasional “multiple offers” on those properties that are competitively priced and well presented. Bare land is still of little interest to buyers. As existing house and land prices are well below replacement value it is challenging to see how the new build market will pick up until either land becomes much cheaper, construction costs get lower or existing house prices rise. We are not expecting these factors to change much this year. With some banks reducing interest rates, it is still an opportune time for first home buyers to get in before other buyers return and we have seen a few more attending open homes in recent weeks. Investors are also seizing the chance to selectively buy while prices are low and as more stock becomes available as existing investors “cap out” of their portfolios now the 2-year Brightline period is back in place. There is never a dull moment in real estate. People always have a reason to move and we are always here to help with "The Team You Know and the Experience You Trust." Pop in for a coffee and a chat about market conditions and opportunities to achieve your property goals with any of our team at your leisure....

May Residential/Lifestyle Market Report

April marked another great sales month for our team with 9 unconditional sales bringing our total number of residential sales in Kerikeri to 26 for the year. This emphasizes our view that well-presented and well-marketed properties will sell no matter the market conditions. Timelines to sell may be a little longer than a few years ago but buyers and sellers are adjusting to the current market dynamics. The bottom line is there are always plenty of reasons for people to want to move. While median prices are down from their peak of 2022 they are still tracking above the trend-line for property appreciation which typically doubles every 10 years in New Zealand. In many cases sales are providing better returns on investment than other parts of the country. While this is good news for property owners it can tend to dampen the appetite of those buyers who have sold at large discounts in other part of the country. Those that are moving here and buying are cautiously doing their homework and are selective in their buying decisions. Competitive pricing remains of critical importance in this market where there is a wider array of choices for buyers. Around 65% of house sales this year have sold for under $1 million up from around 58% last year and 46% in 2022. Inventory levels are high with 85 weeks of properties available at current sales volumes but are at much lower levels in the under $1millon bracket. Consequently, the higher price brackets have compressed back on the lower brackets, a bit like an accordion, which is the reverse effect we saw in 2020 to 2022 when the market was stronger for vendors. Bare land sales are still slow for the third year in a row and consequently building consents are significantly down as people favour purchasing existing homes over building new homes. All of this is creating opportunities for first home buyers to get on the ladder and for those in a position to “buy up” to do so with capital input and less competition than it may have taken a few years back. Even with higher interest rates, those who can make the change now stand a greater chance of acquiring the bigger property or higher quality home and increasing their equity position in the long term as prices rebound and interest rates lessen. Pop in for a coffee and a chat about market conditions and opportunities to achieve your property goals with any of our team at your leisure. We hope to hear from you soon....

Best Time To Buy

More houses for sale, the prospect of lower interest rates, and the likelihood of improved capital gain make this the optimal time to buy a home in Kerikeri. The Kerikeri market is experiencing a unique moment in time right now. Prices have settled into their new normal, lots of new stock is coming to the market and increased buyer activity is resulting in multi-offers. Some economists are suggesting that interest rates will start to decrease sooner than expected and predicting house prices to increase over the course of 2024. I have a view that the Reserve Bank has over-crunched the economy and will play catch-up policy easing from late this year. So, if I were borrowing at the moment, I would probably take a mix of 6 and 12 month rates. “Tony Alexander Economist. For buyers, this means that for the first time in years it will likely get easier to service a new mortgage over time rather than harder. This combined with expected capital gains, means now is a great time to buy. More stock means more competition for vendors. Presentation and pricing are more important now than ever. The ones that do, are likely to see a successful marketing campaign with possible multiple offers that will result in the best possible price in the current market. We expect the current market conditions to remain steady while the economy is correcting itself. First home buyers are back and this is a welcoming sign for a healthy property market. There is always a reason why someone wants to either move up or downsize. In a steady market you will find that the gap between what you are buying and what you are selling isn’t as huge. It doesn’t matter where you are, good houses always seem to find buyers, no matter what’s happening in the market. Right now is a sweet spot for buying. If you want to find out more about how our unique, high-performance system can help you achieve your property goals please give us a call or pop into our office anytime. We would be glad to show you around and make you a coffee while you are here....

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Caring for our community

We are passionate about our local community and support a number of select causes that deeply care about Kerikeri and its people.