Activity in Barfoot & Thompson's auction rooms has continued on its recent course, with the agency processing 115 auction properties in the week from 14-20 October, compared to 91 the previous week.
Of those, sales were achieved on 65, giving an overall sales rate of 57% compared to 54% the previous week.
There were especially high sales rates at the Manukau and North Shore auctions last week, with sales on about two thirds of the properties at both auctions.
However, sales rates were more variable at the Shortland Street auctions. The main auction on October 16, in which most of the properties offered were from central or central-west suburbs such as Greenlane, St Heliers, Parnell, Glen Innes, Mt Albert, New Lynn and Avondale, achieved a 54% sales rate. And the auction at the same venue the previous day, where a similar selection of properties was offered, achieved a sales rate of 38% (see the table below for the full results breakdown).
Details of the individual properties offered at all of Barfoot's auctions last week are available on our Residential Auction Results page.
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|Barfoot & Thompson Auction Results 14-20 October 2019|
|Date||Venue||Sold||Sold Prior||Sold Post||Not Sold||Postponed||Withdrawn||Total||% Sold|
|15 Oct||Shortland St||5||7||1||13||38%|
|16 Oct||Shortland St||13||11||24||54%|
|17 Oct||North Shore||13||4||9||26||65%|
|17 Oct||Shortland St||1||6||7||14%|
|18 Oct||Shortland St||3||2||2||7||43%|