Barfoot & Thompson’s auction numbers appear to have flattened out as autumn takes hold.
The agency marketed 155 properties for sale by auction in the week from April 1-7, exactly the same number as it marketed for auction in the previous week.
The sales rate was also virtually unchanged, with sales achieved on 34 properties, down just one from the previous week when sales were achieved on 35.
Sales rates at auction remain generally subdued and at Barfoot’s major auctions last week the sales rates ranged from 17% at the Shortland St auction on April 3, where most of the properties offered were from central Auckland suburbs such as Parnell, Mission Bay, Glendowie and St Heliers, to 33% at the Shortland St auction on April 2, where most of the properties offered were from suburbs such as Blockhouse Bay, Mt Albert, New Windsor, and New Lynn.
At the big Manukau auction where 28 properties were offered, the sales rate was 25% and at the North Shore auction it was 19%, while no sales were recorded at a couple of the smaller auctions (see the table below for the full breakdown).
Details of all the properties offered and the results achieved are available on our Residential Auction Results page.
|Date||Venue||Sold||Not Sold||Total||% Sold|
|2 April||Shortland St, CBD.||4||8||12||33%|
|3 April||Shortland St, CBD.||2||10||12||17%|
|3 April||Shortland St, CBD.||4||14||18||22%|
|4 April||North Shore||6||25||31||19%|
|4 April||Shortland St, CBD.||0||8||8||–|
|5 April||Shortland St, CBD.||3||4||7||43%|
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