The number of residential properties being auctioned by Barfoot & Thompson flattened out last week after growing strongly in the previous weeks since the COVID-19 lockdown restrictions ended.
The agency, which is the biggest in the Auckland market, marketed 97 residential properties for sale by auction in the week from 15-21 June, compared to 102 in the previous week and 85 the week before that.
However while the number of properties brought to auction was largely flat, there was a jump in the number of sales achieved, which rose to 50, giving an overall sales clearance rate of 51%, compared to 38% the previous week.
Barfoot's biggest auction of the week was at Manukau where 26 properties from the southern and eastern suburbs were auctioned and the sale rate was 58%.
The highest sales rate of the week was the Shortland Street auction on June 16, where a mix of properties from central Auckland and western suburbs such as Te Atatu South and Glen Eden were offered and the sales rate was 80%.
Sales were more subdued at the big North Shore auction where the sales rate was 36%.
The results breakdown for all of Barfoot & Thompson's auctions last week are in the table below and 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|
|15-21 June 2020|
|Date||Venue||Sold||Sold Post||Sold Prior||Not Sold||Withdrawn||Total||% Sold|
|16 June||Shortland St||7||1||2||10||80%|
|17 June||Shortland St||8||1||1||9||19||53%|
|18 June||North Shore||5||3||13||1||22||36%|
|18 June||Shortland St||4||5||9||44%|
|19 June||Shortland St||1||1||1||3||33%|