Auction numbers are continuing to track down in Barfoot & Thompson's auction rooms, however the sales rate is up.
The real estate agency marketed 74 residential properties for sale by auction last week (17-23 June), down from 91 the previous week , 94 the week before that and 104 the week before that.
However the sales rate was stronger, with 35% of the properties changing hands last week, up from 33% the previous week and sales rates of 29% and 28% in the two weeks before that.
Only three of last week's auctions had 10 or more properties on offer, with 11 on offer at the Manukau auction (36% sold), 10 at the Shortland Street auction on June 19, where most of the properties offered were from central Auckland suburbs such as Epsom, Mt Eden and Remuera (40% sold), and 26 at the North Shore auction where the sales rate was 23% (see the chart below).
Two of the properties had their auctions postponed and one was withdrawn.
The details of the individual properties offered are available on our residential auction results pages.
|Barfoot & Thompson Auction Results 17-23 June 2019|
|Date||Venue||Sold||Sold Post||Sold Prior||Not Sold||Postponed||Withdrawn||Total||% Sold|
|18 June||Shortland St||1||3||4||25%|
|19 June||Shortland St||4||6||10||40%|
|20 June||North Shore||2||1||3||20||26||23%|
|20 June||Shortland St||1||1||1||3||33%|
|21 June||Shortland St||2||1||3||67%|
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