There was more than a hint of Spring in the air at Barfoot & Thompson's auction rooms last week (14-20 September), with a big jump in the number of properties auctioned and sales achieved on two thirds of them.
The agency marketed 134 properties for auction last week, up from 98 the previous week.
Sales were achieved on 88 of those, giving an overall sales rate of 66%, almost unchanged from the previous week's sales rate of 68%.
Barfoot's auction sales rate has remained within the 66-68% range for the last three weeks, suggesting a sales rate of about two thirds is the norm as the Spring selling season gets underway.
The sales rates at Barfoot's individual auctions last week ranged from 55% at the big Manukau auction, to 100% at the on-site auctions - see the chart below for the full breakdown.
Details of the individual properties auctioned and the prices achieved are available on our Residential Auction Results page.
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