33 Values have continued their slow decline in Auckland, a trend that started late last year. Values have dropped the fastest in North Shore and Waitakere over the past three months, while the fringe areas of Rodney, Papakura and Franklin are still increasing, just at a much slower pace than previously. Falling demand and sales will likely see this weakness continue for several more months at least. Auckland Values Average Value of Housing Stock - Auckland May 2017 Current Value 3 months 12 months Since Peak Rodney $960,087 2.5% 13% 64% North Shore $1,198,381 0.1% 8% 86% Waitakere $825,736 -0.7% 8% 95% Auckland City $1,222,137 -0.2% 9% 96% Manukau $902,068 0.0% 9% 97% Papakura $683,812 -0.4% 12% 90% Franklin $671,396 1.2% 12% 70% Annual and Quarterly Value Change - Auckland