Our history

In 1923, Val Barfoot bought a tiny, run-down Newmarket land agency for just £75 and called the company "V. Barfoot Land Agent". A year later he was joined by his older brother Kelland and the name changed to "Barfoot Bros". In 1934 the Barfoot brothers were joined by Maurice Thompson and in 1940 the business became "Barfoot & Thompson" as we know it today.

From those small beginnings in Newmarket, we quickly grew to become Auckland's market leader. Throughout more than 90 years we've remained steadfastly family owned. The current Directors - Peter Thompson and Kiri Barfoot - are the grandson and granddaughter of the original owners. In July 2013, Barfoot & Thompson’s founding partners, Val Barfoot and Maurice Thompson, were inducted into the New Zealand Business Hall of Fame.

How it all began

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Barfoot & Thompson timeline

The timeline below illustrates the changes Auckland real estate - and Auckland - have undergone in the last 90 plus years.

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Year Our History Auckland History
1923 For sale: Arney Road Remuera, Nearly New Bungalow, 5 rooms. Govt. mort £1050, price £1550 – Barfoot, Newmarket.
1929 December 29, Civic Theatre Queen St opens to the public.
1935 Newly elected Labour government establishes Department of Housing. 9,395 state houses have been built by 1940.
1942 Barfoot Bros have photos of most houses for sale. To save yourself time and get the best choice, call at their office, NZ Insurance building. Tunnels in Albert Park open as air raid shelter.
1953 First section of Auckland Motorway opens, 3.2 km between Ellerslie and Mt Wellington.
1954 For sale: £2900 Kingsland. 22 year old bungalow, with attractive interior, 2 bedrooms, sunroom, lounge and kitchen, with electric hot water, gas cooker. Barfoot & Thompson.

Average Barfoot & Thompson Auckland sale price $5,608 (financial year, residential and rural).
1955 Opening of the first section of the Northwestern Motorway, 7.8km from Great North Road to Lincoln Bridge.
1959 Auckland Harbour bridge officially opens 30th May.
1964 For sale: Takapuna Luxury and Carefree Living. 100yds Takapuna beach, 200yds Takapuna City. Can you tell us where else on earth can you for only £5650 walk for your morning swim in the warm waters of Auckland’s finest beach? Shop within 200 yards at complete city shopping centre. Enjoy carefree livening in superior, over 800 sq ft luxury flat.
1966 Auckland International Airport at Mangere officially opens on 29 January.
1968 Average Barfoot & Thompson Auckland sale price $10,669 (financial year, residential and rural).
1977 For sale Torbay - Cliff Rd Luxury Executive Townhouse $64,500. A gracious 1 level townhouse offering peace and pricacy in a most desirable locality. Large lounge opens to secluded patio, feature clinker brick wall with archway to formal dining, fabulous kitchen, large breakfast alcove, 3 bedrooms, 2 bathrooms, billiard room.
1987 Average Barfoot & Thompson Auckland sale price $129,236 (financial year, residential and rural). 20th October the biggest sharemarket crash the world has seen has a ripple effect on house prices.
1988 For sale A bargain - Entertainers - $106,000. 3 bedrooms, 2 lounges, formal dining, harbour views, sunny. Te Atatu Urgent Sale.
1989 Average Barfoot & Thompson Auckland sale price $160,209 (financial year, residential and rural).
1993 For sale: Glendowie $139,000. Sole agents. Great buying for this delightful, sunny, bright 3rm family home. Cosy open fire, lage decks for all day sun. Private. Be in quick. Official opening of Massey University Albany Campus, March 7th
1997 Average Barfoot & Thompson Auckland sale price $285,144 (financial year, residential and rural). Auckland Skytower officially opens to the public 3rd August.
2003 Barfoot & Thompson become a Five Star sponsor of the Starship Foundation.

Average Barfoot & Thompson Auckland sale price $342,482 (financial year, residential and rural).
Britomart Transport Centre officially opened by the mayor, the honourable John Banks.
2008 Our first Storybook comes out. Winners from the Young Authors Challenge have their stories published in a book, with proceeds from sales going to the Starship Foundation.

Average Barfoot & Thompson Auckland sale price $537,772 (financial year, residential and rural).
Global Financial Crisis hits, with flow on effect to New Zealand economy. House sales volumes dip from November 2007 high.
2009 Average Barfoot & Thompson Auckland sale price $522,567 (financial year, residential and rural). Northern Gateway Toll Road opens, creating a more direct route between Auckland and Northland.
2010 Average Barfoot & Thompson Auckland sale price $530,783 (financial year, residential and rural. Auckland's regional council and seven city and district councils amalgamate into one 'Super City'.
2011 Average Barfoot & Thompson Auckland sale price $544,950 (financial year, residential and rural.
NZ hosts the Rugby World Cup in Auckland. 
Wynyard Quarter opens to public in August, with Te Whero bridge linking shared public spaces.
2012 Barfoot & Thompson sponsor the World Triathlon Series in Central Auckland. Construction begins on Waterview connection. 
2013 Barfoot & Thompson celebrate 90 years in business.

Average Barfoot & Thompson Auckland sale price $650,405 (financial year, residential and rural.
 
2014 For sale: Grey Lynn villa, 2 Leighton Street. With a 2011 CV of $690K, the late-1800s two bedroom settler's cottage sold at auction for $1.075 million in October.

Barfoot & Thompson named as presenting partner of the World Master Games 2017, being held in Auckland.

Average Barfoot & Thompson Auckland sale price $718,852 (financial year, residential and rural.
Auckland Council releases new individual capital valuations (CVs) online. The service is so popular, it crashes the Council's website. The average CV increases by 55% in Forrest Hill and 53% in Mangere Bridge.
2015 Barfoot & Thompson join Leading Real Estate Companies of the World - a global network of premier real estate firms.

For sale: Ponsonby villa, 4 Rose Road - $1,590,000. Charming and classic villa beautifully designed into open plan office, gallery and ground floor living quarters.