Barfoot reports booming December
Barfoot and Thompson said turnover was up significantly, prices were at all-time highs and the number of available listings dropped significantly.
Managing director Peter Thompson said it was the busiest December in the past 10 years. Even though it is the shortest selling month of the year, 1050 properties were sold – the agency’s fourth highest monthly total for 2014.
There were 28.5% more sales last month than in the same month in 2013.
The average sales price in December 2014 was $758,891, $1982 higher than November’s average price.
The median price increased to $720,000, which was $28,500 or 4.1% higher than November’s, and the first time the median price has moved above $700,000.
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