Barfoot house sales slide in April

Photo / Brett Phibbs

Auckland's largest real estate agency group, Barfoot and Thompson, has released sales figures for April showing a drop in the number of sales and the average price from an exceptional March, but activity is moderately ahead of the same month a year ago.

Barfoot and Thompson Managing Director Peter Thompson said the figures for April showed the Auckland market's surge in March had depth.

Barfoot and Thompson reported it sold 723 properties in April.

This is down 32 per cent from 1070 sold in March, but is up 7.7 per cent from the 671 sold in April a year ago.

The average price for properties sold in April was NZ$544,975, which was down 6.2 per cent from a record high NZ$581,190 in March, but up 0.6 per cent from NZ$541,486 in April 2010.

- INTEREST.CO.NZ