Activity in Barfoot & Thompson's auction rooms is continuing in a reasonably solid fashion as we head squarely into the winter selling season.
The agency marketed 124 residential properties for auction in the week from June 29 to July 5, which was up slightly from 97 the week before that.
The sales rate was also up, with sales being achieved on 67 properties in the week from 29 June to 5 July, giving an overall sales rate of 54%, compared to 45% the previous week.
The auction rooms are also significantly busier than they were at this time last year.
In the first week of July last year (1-7 July) Barfoot & Thompson marketed 65 properties for sale by auction and had a sales rate of 42%.
That means nearly twice as many properties passed through the agency's auction rooms last week than they did in the same week of last year, and the sales rate was also up this year.
The sales rates at Barfoot's auctions last week ranged form 45% at the North Shore auction to 100% at the on-site auctions (see table below).
Details of the individual properties offered and the prices achieved are available on our Residential Auction Results page.
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|Barfoot & Thompson Residential Auction Results|
|29 June - 5 July 2020|
|Date||Venue||Sold||Sold Post||Sold Prior||Not Sold||Postponed||Withdrawn||Total||% Sold|
|29 June - 5 July||On-site||5||5||100%|
|30 June||Shortland St||4||1||6||11||45%|
|1 July||Shortland St||20||14||34||59%|
|2 July||North Shore||8||1||12||1||22||41%|
|2 July||Shortland St||4||1||6||11||45%|
|3 July||Shortland St||2||1||2||5||60%|