Activity remained reasonably steady in Barfoot & Thompson's auction rooms last week although the sales rate dipped slightly.
The agency marketed 122 residential properties for sale by auction last week (6-12 July), almost unchanged from 124 the previous week but well up from the 97 auction properties it handled the week before that.
Barfoot's auction rooms are continuing to handle twice as many properties as they were at the same time last year, with the agency marketing just 63 properties for sale by auction in the equivalent week of last year (8-14 July 2019).
However, the number of sales achieved at last week's auctions slipped a bit, with sales recorded on 51 properties, which gave an overall sales rate of 42%.
That compares with 67 sales the previous week which gave an overall sales rate of 54%.
The sales rates at last week's auctions ranged from 30% at the Shortland St auction on July 9, to 50% at the Pukekohe and on-site auctions (see the table below for the full breakdown).
Details of the individual properties offered are available on our Residential Auction Results page.
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|Barfoot & Thompson Residential Auction Results|
|6-12 July 2020|
|Date||Venue||Sold||Sold Post||Sold Prior||Not Sold||Postponed||Withdrawn||Total||% Sold|
|7 July||Shortland St||2||3||1||6||33%|
|8 July||Shortland St||10||1||11||2||24||46%|
|9 July||North Shore||6||2||15||1||24||33%|
|9 July||Shortland St||3||6||1||10||30%|
|10 July||Shortland St||3||2||6||11||45%|