There was a lift in activity in Barfoot & Thompson's auction rooms last week, although results were evenly split between properties sold under the hammer and those passed in.
Auckland's biggest real estate agency handled 260 residential auction properties in the week of April 24-30, which included the ANZAC long weekend.
That was a 44% increase on the 181 auction properties handled the previous week.
Of the 260 properties auctioned last week, exactly half were sold, with sales achieved on 130 properties with 130 passed in for sale by negotiation.
Sales rates at major auctions have been hovering around the 50% mark for the last several weeks, down from average sales rates above 70% at the peak of the summer selling season.
Details of the individual properties offered at all of the auctions monitored by interest.co.nz and the results achieved, are available on our Residential Auction Results page.
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