Barfoots

PHOTO: Barfoot & Thompson. SUPPLIED

Auckland house sales by the city’s largest realtor dropped 41 per cent last month compared to October last year.

In one of the most graphic illustrations of the pandemic’s toll on Auckland’s economy, Barfoot & Thompson has released its sales figures for last month.

Agents there made 1259 unconditional property sales in Auckland last October but under the lockdown, that dropped to just 735 sales last month. Figures for the volume of unconditional sales where commissions have been paid showed that last October, 1319 properties were sold but last month, that fell to just 814 properties.

Peter Thompson, managing director, said given the restraints agents were operating under, it was an “outstanding” month of trading.

Fergs Coffee

Time periodNumber of sales*Total value of sales
October 2021814 properties$967,802,755
October 20201,319 properties$1,378,492,479
12 months to Oct 202114,486 properties$16,154,511,644
12 months to Oct 202010,733 properties$10,535,798,890

*Includes Barfoot & Thompson Auckland residential sales that have gone unconditional. Excludes Northland and commercial sales.

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