The number of properties auctioned by Barfoot & Thompson last week was little changed from previous weeks, although the percentage that sold dropped slightly.
The agency marketed 201 properties for sale by auction in the week from 16 to 22 March, compared to 206 the previous week and 216 the week before that.
Sales were achieved on 97 properties, which gave an overall sales rate of 48%, compared to sales of 58% the previous week and 55% the week before that.
However, there were big variations in the sales rate at the individual auctions.
Three quarters of the properties were sold at the on-site auctions, while the biggest auction of the week was on the North Shore where 50 properties were offered but only a third were sold (see table below for the full break down).
Details of the individual properties offered at each auction are available on our Residential Auction Results page.
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|Barfoot & Thompson Residential Auction Results|
|16-22 March 2020|
|Date||Venue||Sold||Sold post||Sold prior||Not sold||Postponed||Withdrawn||Total||% sold|
|17 March||Shortland St||7||3||10||70%|
|18 March||Shortland St||13||3||18||2||36||53%|
|19 March||North Shore||12||5||29||1||3||50||34%|
|19 March||Shortland St||3||1||4||1||9||44%|
|20 March||Shortland St||8||4||13||3||28||43%|