Winter appears to have finally arrived in Barfoot & Thompson's auction rooms, with the number of properties auctioned by Auckland's largest real estate agency taking a significant dip last week.
The agency handled 165 residential auction properties over the seven days from June 5-11, breaking a consistent run of more than 200 a week over the autumn months.
However while the number of properties being auctioned declined, the sales rate pushed higher, with sales achieved on 99 of the auctioned properties, giving an overall sales rate of 60%.
Over the previous several weeks the sales rate had been stuck in the low 50% range.
There is still considerable variation in the sales rates of different districts within the Auckland region, with sales achieved on 78% of the Rodney properties auctioned by Barfoots last week, while just a third of the Waitakere properties auctioned were sold under the hammer.
See the table below for the district-by-district results.
Details of the individual properties offered at all of the auctions monitored by interest.co.nz are available on our Residential Auction Results page.
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