Biggest month in agency’s history
The company sells about one in three Auckland homes and is a barometer of listing numbers and sale prices.
The market lived up to its reputation of being at its strongest in March. Records were set in both numbers of properties sold and prices achieved.
The average price paid rose to $1,107,869, up 2.7% on the average price for the previous three months. And the median price increased to $1,048,000, up 5.1% for the previous three months.
“Contributing to the extraordinary sales numbers during the month were the 2,138 new listings the company wrote – the highest number during March for 15 years and about a quarter higher than we would normally list at this time of the year,” says Peter Thompson, Barfoot & Thompson managing director.
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