Barfoot & Thompson said on 4 April it sold 63% more homes in March than it did in February, and 16% more than in March last year. Managing director Peter Thompson said it was the agency’s busiest month for 5 years.
The 1246 sales in March were up from 764 in February and 1070 in March 2011.
The average sale price of $571,076 was up 6.5% on February but down 1.7% on March last year.
Mr Thompson said 99 of the March sales were for more than $1 million, up from 40 in January & 41 in February and the highest $1 million-plus month since March 2007. The 180 $1 million-plus sales for the first quarter were 29.5% ahead of the first quarter of 2011.
He said sub-$500,000 sales were also high, at 628.
10 April 2012
Bob Dey Report