Auckland Properties Fly Out the Door

Barfoot and Thompson says December Auckland house sales volumes strongest in 5 years; Average price up 1% from November to NZ $573,071

Barfoot & Thompson, Auckland’s biggest real estate agent, says it sold more houses in December than it has in the final month of a year for five years.

The company said it made 714 sales in December, up 190, or 36%, from 524 in December 2010. It’s Barfoot & Thompson’s highest volume of December sales since it sold 781 properties in December 2006.

Its average December selling price was NZ$573,071, up 1%, or about NZ$5,500, from November. That was topped last year only by March’s NZ$581,190, and is up NZ$43,389, or 8%, from NZ$529,682 in December 2010.

“December was extremely active, and it has given early momentum to January’s market,” said Peter Thompson, Barfoot & Thompson’s managing director.

Read the rest here:

http://www.interest.co.nz/property/57420/barfoot-and-thompson-says-dec-auckland-house-sales-volumes-strongest-5-years-ave-pric

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