Things were exceptionally buoyant at Barfoot & Thompson's residential property auctions last week, with sales achieved on almost two thirds of the agency's auction properties.
Barfoots marketed 115 residential properties for sale by auction last week, which was down very slightly on the numbers offered over the last few weeks, which had consistently ranged from 122 to 125.
But the sales rate was higher last week, with sales achieved on 73 properties, giving an overall sales rate of 63%.
That was well up on the sales rates achieved over the previous few weeks, which had ranged from 42% to 54%.
At the major auctions where at least 10 properties were offered, the stand out was the on-site auctions which had a sales rate of 85%.
The big Manukau auction had a sales rate of 55% and on the North Shore it was 64% (see the table below for the full breakdown).
Details of the individual properties offered and the results achieved are available on our Residential Auction Results page.
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|Barfoot & Thompson Residential Auction Results|
|20-26 July 2020|
|Date||Venue||Sold||Sold Post||Sold Prior||Not Sold||Postponed||Withdrawn||Total||% Sold|
|21 July||Shortland St||7||2||9||78%|
|22 July||Shortland St||12||7||19||63%|
|23 July||North Shore||11||5||9||25||64%|
|23 July||Shortland St||3||2||5||100%|
|24 July||Shortland St||4||1||5||1||11||45%|