There was an increase in both the number of properties offered and the number of properties sold at Barfoot & Thompson's latest auctions. Over the week from July 2-6, Auckland's biggest real estate agency marketed 101 properties for sale by auction, up from 78 the previous week. Of those, 23 were sold under the hammer giving an overall sales rate of 23%, up from 19% the previous week. A year ago, over the week from 3-9 July 2021, Barfoot & Thompson auctioned 199 residential properties and sold 132 of them under the hammer, giving a sales rate of 67%. Details of the individual properties offered at all of the auctions monitored by interest.co.nz and the results achieved, including the prices of those that sold, are available on our Residential Auction Results page.

Source: Stuff July 08, 2022 20:52 UTC