Barfoot’s Auckland property listings jump 40 percent , average price slips

Mon, 04 Feb 2013

Feb. 5 (BusinessDesk) – Auckland real estate firm Barfoot & Thompson’s new listings more than doubled in January from December while the average sale price fell, suggesting the city’s overheated property market is luring more sellers. Auckland’s biggest real estate firm listed 1,440 properties in January, the highest for that month in five years and up 40 percent from January 2012. The firm had 697 listings in December. The average sale price last month was $600,754, the first time it has exceeded $600,000 for January. That’s up 13 percent f...

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