Ever increasing auction numbers appears to be the new normal in Barfoot & Thompson's auction rooms.
The agency auctioned 318 residential properties last week (14-20 November), up from 290 the previous week, 258 the week before that and 243 the week before that.
It means the number of homes that passed through Barfoot & Thompson's auction rooms last week was 49% higher than a month earlier.
The sales rate appears to have settled to a new normal, with sales achieved on 59% of the properties auctioned last week, compared to 60% the previous week and 59% the week before that.
Auckland's central suburbs contributed the most properties (82) to last week's auctions, followed by the North Shore with 73.
The highest sales rate of 75% was achieved by the Northland properties auctioned, although their numbers were low with just four properties on offer.
The sales rate was lowest for the the North Shore properties auctioned, with sales achieved on just under half (49%) of them (the table below gives the breakdowns by district).
Details of the individual properties offered and the results achieved are available on our Residential Auction Results page.
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