Less than a dozen properties sold under the hammer at Barfoot & Thompson’s latest auctions

Activity continues to bounce along the bottom in Barfoot & Thompson’s auction rooms as the market remains on its winter lows.

Auckland’s biggest real estate agency offered 71 residential properties at its latest auctions, 30 July to 5 August, which was a slight tick up from 59 the previous week, but exactly the same number as the week before that.

Of those, just 11 were sold under the hammer, giving an overall sales rate of 15%, down from 22% the previous week.

There were only three districts where the number of properties that went under the hammer made it into double digits – North Shore, the central suburbs and Manukau, and their sales rates ranged from 14% in Manukau to 25% for the North Shore properties.

The table below shows the district-by-district results.

Details of the individual properties offered at all of the auctions around the country monitored by interest.co.nz, and the results achieved including the prices of those that sold, are available on our Residential Auction Results page.

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