There was a big jump in the number of properties auctioned by Barfoot & Thompson in the last week of February, while the sales rate took a bit of a dip.
The real estate agency handled 318 residential property auctions in the week from 20-26 February, up by 55% from the 212 the previous week, and more than double the 151 properties the agency auctioned in the equivalent week (22-28 February) of last year.
Of the 318 properties auctioned last week, sales were achieved on 204, giving an overall sales rate of 64%.
That compares with 153 sales the previous week (sales rate 72%) and 85 sales in the last week of February last year (56% sales rate).
Within the Auckland region sales rates ranged from 47% in Manukau to 93% in Papakura (see the table below for the district breakdown).
Details of the individual properties offered and the results achieved are available on our Residential Auction Results page.
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