The analysis of major New Zealand real estate agencies for the week of 7th to 13th April 2025 focuses on auction results to understand performance dynamics. The data considers agencies with at least ten auctions, revealing insights into success rates and auction volumes.
Bayleys stands out with a success rate of 40.8%, the highest among the top four agencies. This achievement marks a noteworthy performance in facilitating successful property auctions. With 120 auctions conducted, Bayleys' ability to maintain a higher success rate is commendable.
Ray White followed closely behind in terms of auction volume, conducting 165 auctions and achieving a success rate of 33.9%. This places them second in terms of successful outcomes, indicating a solid performance during the analysed week.
Barfoot & Thompson led in auction volume with 170 auctions but recorded a success rate of 29.4%. While they handled the most auctions, the success rate reflects a more moderate level of successful transactions compared to their competitors.
Harcourts conducted 77 auctions, the lowest among the top four, with a success rate of 28.6%. Although their auction volume was smaller, the success rate is comparable to that of Barfoot & Thompson, suggesting consistent performance in their auction processes.
In summary, Bayleys demonstrated the most effective auction success rate, while Barfoot & Thompson handled the highest volume. Each agency's performance highlights differing strengths in auction management during this specific week.
Agency Performance (2025-04-07 to 2025-04-13)
| Agency | Total Auctions | Success Rate |
|---|---|---|
| Barfoot & Thompson | 170 | 29.4% |
| Ray White | 165 | 33.9% |
| Bayleys | 120 | 40.8% |
| Harcourts | 77 | 28.6% |
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.