The analysis of New Zealand real estate agencies' auction results for the week of April 21 to April 27, 2025, focuses on the performance of major players in the market. The data, sourced from Settle.nz, provides insights into the number of auctions and the success rates of the top agencies.
Ray White conducted 69 auctions, achieving a success rate of 30.4%, the highest among agencies with a significant auction volume. This performance sets Ray White apart as the leader in terms of successful auction outcomes for this week.
Barfoot & Thompson held the most auctions, totalling 73, but achieved a lower success rate of 26.0%. Despite the high volume, their success rate was not the highest, indicating potential challenges in closing sales.
Bayleys had 36 auctions with a success rate of 22.2%. While their auction volume was moderate, the success rate was the lowest among the top three agencies, suggesting room for improvement in their auction strategy.
Harcourts conducted 31 auctions, achieving a success rate of 29.0%. This places them just below Ray White in terms of success rate, despite having fewer auctions, indicating a relatively strong performance.
Lodge, with 10 auctions, did not achieve any successful sales, resulting in a 0.0% success rate. This stark contrast with other agencies highlights a significant gap in auction effectiveness for the week.
In summary, Ray White emerged as the top performer in terms of auction success rate, while Barfoot & Thompson led in auction volume. The data underscores the variability in success rates among leading agencies, providing a clear picture of this week's auction landscape.
Agency Performance (2025-04-21 to 2025-04-27)
| Agency | Total Auctions | Success Rate |
|---|---|---|
| Barfoot & Thompson | 73 | 26.0% |
| Ray White | 69 | 30.4% |
| Bayleys | 36 | 22.2% |
| Harcourts | 31 | 29.0% |
| Lodge | 10 | 0.0% |
Note: Success Rate is calculated based on successful auctions reported against the total number of auctions conducted by the agency during the period. Data sourced from settle.nz.