Auckland's residential property market's seen its most active trading month for the past two years

Barfoot and Thompson data shows it sold a thousand and 61 properties in March, the first time the company's exceeded the thousand mark since 2022.

Prices paid for those homes are the highest in 18 months - the average sales price has now moved above the million dollar mark.

Managing Director Peter Thompson says this was a significant breach in the log jam of homes that remained unsold in the first two months of this year.

He says buyers have clearly decided that at current prices, property represents value for money.