Barfoot & Thompson's auction rooms remained busy in the week before Easter but the sales rate declined for the third week in a row.
Auckland's biggest real estate agency handled 310 residential auction properties in the week of March 27 to April 2, up from 287 the previous week and 305 the week before that.
That was the highest number of auction properties the agency has handled in the last five weeks, since the week of February 20-26.
The high number of properties auctioned last week was particularly significant given that it was a short week, with Friday being a public holiday and many people taking extra days off on either side of the Easter break.
However while the number of properties being auctioned remained at buoyant levels, the sales rate declined for the third week in a row.
Of the 310 properties marketed for sale by auction last week, sales were achieved on 165, giving an overall sales rate of 53%.
That compares with sales rates of 59% the previous week, 61% the week before that, and 72% the week before that.
Waitakere properties had the lowest sales rate of just 33% last week, followed by those on the North Shore at 42%, while Rodney had the highest sales rate within the Auckland region at 70% (see the table below for the district sales breakdown).
Details of the individual properties offered and the results achieved are available on our Residential Auction Results page.
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